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Abroad bank account

Eglepj
Posted Mon, 19 Feb 2024 14:36:46 GMT by Eglepj
Hello, Can UK registered company open bank account in EU country? Is there any obligations to inform HMRC about bank accounts abroad? Thank you.
HMRC Admin 21 Response
Posted Wed, 21 Feb 2024 10:25:39 GMT by HMRC Admin 21 Response
Hi Eglepj
Thank you for your query. There is no legal requirement for a UK Company to have a UK Bank Account. 
Please see the below document for further information: 
Quick Guide: Automatic Exchange of Information – information for account holders
If you require further advice on this matter, please seek professional help through a financial advisor or accountant.
Thank you.

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