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Subsidiary

Posted Tue, 30 May 2023 09:49:20 GMT by
Hi. If I set up a subsidiary in EU for a UK based LTD company can I transfer the capital from the UK company to the subsidiary in order to finance the subsidiary to start the business activity? Is this transfer taxable?
HMRC Admin 8
Posted Thu, 01 Jun 2023 13:48:18 GMT by HMRC Admin 8
Hi,
We can only advise on PAYE and NI. Please contact Corporation Tax.
Their details can be found at:
Corporation Tax: general enquiries
Thank you

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