There are certain offshore jurisdictions where they impose hardly any kind of taxation on the businesses or the companies that operate from those parts of the world. And British Virgin Islands is one of them. This is one such offshore jurisdiction, where there will be no taxation applied on the companies operating from there. So, in this might tempt you now to announce an offshore presence for your business at the British Virgin Islands or in short known as BVI. Company registration BVI has become very cheap these days and it is also easy when you have the best incorporation service to provide all sorts of help for you. Having an offshore company can make a big difference for your overall business. In this fashion, you will be able to do business in a more flexible and amazing manner.
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4/24/2023 10:56:34 pm
If you earned more than £1,000 from self-employment in the financial year (in this case between 6 April 2021 and 5 April 2022) then you need to set yourself up as a sole trader. There can be additional reasons to do it, for example if you want to claim childcare support or qualify for certain National Insurance benefits.
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