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United
Kingdom
   General Information

   UK resident company liable to corporation tax
    on its worldwide profits.
   non-UK resident company liable to
    corporation tax on the profits of a branch or
    agency in the UK.
   LTDs benefit from significant tax incentives
   UK corporation tax rates:

   20 per cent for companies with profits of up to
    £300,000
   between 20 per cent and 26 per cent for
    companies earning profits of between £300,001
    and £1.5 million depending on where your
    profits fall within that band
   26 per cent for companies with profits of more
    than £1.5 m
   UK personal tax rates for 2011-12:

   20 per cent on income between £1 and £35,000

   40 per cent on income over £35,000

   50 per cent on income over £150,000

   Tax free allowance 7.500
Luxembourg
   GENERAL:

   Resident companies are taxed on their world-wide
    income

   Non-resident companies having a 'permanent
    establishment' (defined as a place of business or
    fixed equipment, which would normally include
    branches) pay income tax on their income
    originating in Luxembourg.

   .
   GENERAL:

   Corporate Income Tax (IRC) applies to
    corporate entities, which includes
    SAs, SARLs, and Partnerships Limited by
    Shares
   In partnerships tax is assessed directly on the
    partners rather than the partnership as such.

   .
   ADVANTAGES:

   tax incentives available for investors who are
    considered to be supporting the economic
    development of the country
   IRC is assessed annually and deducted from
    the annual net income (profit) from business
    activities
   TAX RATES FOR COMPANIES:

   income does not exceed €15,000, the maximum
    tax rate is 20 percent.
   otherwise the tax rate is 21 percent
   in both cases, there is a 4 % employment
    contribution surcharge and a charge of
    between 6% and 10.5% in respect of municipal
    services.
THANK YOU
 FOR YOUR
ATTENTION !

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Uk & lux taxation

  • 2. General Information  UK resident company liable to corporation tax on its worldwide profits.  non-UK resident company liable to corporation tax on the profits of a branch or agency in the UK.  LTDs benefit from significant tax incentives
  • 3. UK corporation tax rates:  20 per cent for companies with profits of up to £300,000  between 20 per cent and 26 per cent for companies earning profits of between £300,001 and £1.5 million depending on where your profits fall within that band  26 per cent for companies with profits of more than £1.5 m
  • 4. UK personal tax rates for 2011-12:  20 per cent on income between £1 and £35,000  40 per cent on income over £35,000  50 per cent on income over £150,000  Tax free allowance 7.500
  • 6. GENERAL:  Resident companies are taxed on their world-wide income  Non-resident companies having a 'permanent establishment' (defined as a place of business or fixed equipment, which would normally include branches) pay income tax on their income originating in Luxembourg.  .
  • 7. GENERAL:  Corporate Income Tax (IRC) applies to corporate entities, which includes SAs, SARLs, and Partnerships Limited by Shares  In partnerships tax is assessed directly on the partners rather than the partnership as such.  .
  • 8. ADVANTAGES:  tax incentives available for investors who are considered to be supporting the economic development of the country  IRC is assessed annually and deducted from the annual net income (profit) from business activities
  • 9. TAX RATES FOR COMPANIES:  income does not exceed €15,000, the maximum tax rate is 20 percent.  otherwise the tax rate is 21 percent  in both cases, there is a 4 % employment contribution surcharge and a charge of between 6% and 10.5% in respect of municipal services.
  • 10. THANK YOU FOR YOUR ATTENTION !