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Originally Posted by Webby
A UK company is relatively cheap or if you want an offshore equivalent, possibly Gibraltar is worth looking at. Both would be non-resident companies with no taxation applicable.
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As far as I remember you will need a Limited Liability Partnership with non resident partners to avoid taxation in UK, not a private limited company although it would be good to have minor partner in uk (maybe 5% of the partnership) and pay a minimal tax to avoid inspections and so but that's an option.