Hey guys. I’m a owner of UK limited company that sell households and health products online since 2013. I’m abroad myself all year round so no need really for me to have my residency in UK anymore.
all products are shipped from a fulfilment warehouse in UK. So we have no office or anything.
I own a Singaporean Pte Limited company as well.
Can I somehow move the ownership to my Singaporean company or something?
Or pay royalties every year for an example to Singaporean company?
Both companies have same name and sell same products.
Also can I move my properties or give them over to the Singaporean company?
I own few properties in UK. No mortgage so I’m thinking if I can sell or basically give them as a gift to my Singaporean company
Will this be ok or ?
I’m about to book an appointment with tax advisor but wanted to ask you guys here as well before I go to see my tax advisor
thanks
all products are shipped from a fulfilment warehouse in UK. So we have no office or anything.
I own a Singaporean Pte Limited company as well.
Can I somehow move the ownership to my Singaporean company or something?
Or pay royalties every year for an example to Singaporean company?
Both companies have same name and sell same products.
Also can I move my properties or give them over to the Singaporean company?
I own few properties in UK. No mortgage so I’m thinking if I can sell or basically give them as a gift to my Singaporean company
Will this be ok or ?
I’m about to book an appointment with tax advisor but wanted to ask you guys here as well before I go to see my tax advisor
thanks
