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Any tips for a 2 person European company. One founder based in Amsterdam, the other in London. We are close to setting things up, some input from other founders
by mhog_hn 3mo ago
Any tips for a 2 person European company. One founder based in Amsterdam, the other in London. We are close to setting things up, some input from other founders would be great
- ExpertAdvisor01 3mo agoProbably a UK limited liability partnership would be an option . But you have to investigate how the Dutch will treat it . You could apply for a advance tax ruling with the Dutch tax authorities before doing anything
- HatchedLake721 3mo agoWhy LLP over Ltd?
- ExpertAdvisor01 3mo agoBecause it's transparent so you pay income tax ( which is lower than corp+dividend taxes especially at lower incomes ) . Later on when you scale, you can convert the LLP into an LTD. Also you might avoid exit taxes as it is an partnership , if you move between countries. Also there is basically no information in the post besides 2 founders in different countries.
- euph0ria 3mo agoIncorporate in one of the two countries. If you're serving EU, with GDPR it might be easier to do Netherlands instead of the UK.