Director of SME without residentship

UK Discussion in 'Individuals' started by Jushkinbek, Nov 23, 2016.

  1. Jushkinbek

    Jushkinbek

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    Can one be the Director of small company in UK without residentship of UK? Next can we pay him salary with service contract?
     
    Jushkinbek, Nov 23, 2016
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  2. Jushkinbek

    Becky Administrator

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    Yep, you can have non-resident directors. All directors must be over 16, not have ongoing bankruptcy proceedings against them, and not have ever been disqualified as a director.

    Company directors usually have to complete a tax return, regardless of residency. Any income received for the role as office holder should be subject to PAYE, and reported on the tax return.

    There is a useful summary here: http://www.blickrothenberg.com/getm...198226ec/GI-8-Non-resident-directors.pdf.aspx
     
    Becky, Nov 24, 2016
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  3. Jushkinbek

    Jushkinbek

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    Great thanks Becky for precise info
     
    Jushkinbek, Nov 24, 2016
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  4. Jushkinbek

    Becky Administrator

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    You're welcome :)
     
    Becky, Nov 25, 2016
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