Hi
I have holiday accommodation in Turkey but most of my clients will be from the UK.
So I need to decide whether to:
** base our company in the UK and be subject to Uk corporation tax or
** base our company in Turkey.
I'm worried about paying tax in 2 countries. I can see that it's better for my clients (and perhaps credibility) for clients to pay in sterling into a UK bank account; but at some point i'll need to transfer the money to Turkey and I don't know if I'll be hit by tax again.
But I also need to consider that at some stage in the future I hope to attract business from countries in the Eurozone, but I don't think this will be in the next 12/18 months.
Is there anything else I need to consider before making this decision?
Thanks
Anne
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