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Doing Business in the UK

Forum Europe 2007 - Orleans
Paul M Tate BSc FCA
President TVSCA
SETTING UP A BUSINESS
 IN THE UK
 •   Agency Agreement
 •   Distributorship
 •   Representative Office
 •   Branch Office
 •   Subsidiary Company




TVSCA
AGENCY AGREEMENT

 • UK Agent is independent person – not employee
 • Usually acts on commission basis
 • Responsible for his own tax and compliance
 • Usually acts for a number of companies
 • You bill the customer direct
 • Compensation for termination of agency
   agreement
 • Liabilities may flow back to principal


TVSCA
Doing Business In The Uk
Doing Business In The Uk
Doing Business In The Uk
Doing Business In The Uk
Doing Business In The Uk
Doing Business In The Uk
Doing Business In The Uk
Doing Business In The Uk
Doing Business In The Uk
Doing Business In The Uk
Doing Business In The Uk
Doing Business In The Uk
Doing Business In The Uk
Doing Business In The Uk
Doing Business In The Uk

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Doing Business In The Uk

  • 1. Doing Business in the UK Forum Europe 2007 - Orleans Paul M Tate BSc FCA President TVSCA
  • 2. SETTING UP A BUSINESS IN THE UK • Agency Agreement • Distributorship • Representative Office • Branch Office • Subsidiary Company TVSCA
  • 3. AGENCY AGREEMENT • UK Agent is independent person – not employee • Usually acts on commission basis • Responsible for his own tax and compliance • Usually acts for a number of companies • You bill the customer direct • Compensation for termination of agency agreement • Liabilities may flow back to principal TVSCA