We use cookies on this website, you can read about cookies and GDPR Privacy Policy here
Dear Clients,
Please find below information about our opening times during the Christmas period.
During the festive period, our offices we will be closed from 2pm on Monday (24.12) till 9:30am on Monday (31.12) when we will re-open. We will be also closed on Tuesday (1.01) for the UK bank holiday. Within this time, there will be no over-the-phone or LiveChat support. Orders for company registration will be processed on the 27th and the 28th, on these days there will also be limited email support. Our office re-opens for business as usual from Wednesday (2.01.2019) Please accept our best wishes of peace and love, health and prosperity.
Have a Merry Christmas and a Happy New Year!
From the Coddan team.
We offer popupar and secure payment methods
Coddan CPM Ltd. – Company Registration Agent in the UK
Home Trust Services Use a UK Trust to Replace a Nominee Director Trust Establishment for Protection of Persons with Significant Control

Trust Establishment for Protection of Persons with Significant Control

Establish a trust and transfer the nominee company management to the registered trust

 
Trust Registration in the UK

Establish a trust and transfer the nominee company management to the registered trust: investment portfolios, property and assets are increasingly being held by a nominee company, which simplifies things for the investment manager as it divests them of all responsibility for the tax return and puts the onus back on you, the principal, to pay the tax.

Using a trust to take charge of the nominee company, though, can help to minimise your liabilities and reduce your tax bill significantly. To find out how, contact Coddan Formations Agency today.

The nominee can give a legal title that allows third parties to leave the beneficial ownership to the nominee company and an outside adviser is considered a volunteer.

Should the principal die, though, the division of assets can be complicated and can depend on residency, location of their death and a will that is in place at the time that should, by rights, have been changed. Other complications can arise, too, as the tax on a nominee company can be a major expense.

A trust helps to combat these problems and provide a greater deal of control over the investments and assets with regards to tax. A trust can hold all of the assets, shares and can control a limited company, which allows you to make decisions on how you withdraw funds. It's a complex structure with an additional layer of complication, but managed correctly it can help you streamline your tax affairs and make your money work smarter and harder, with less of it going to HMRC.

There are extensions to this concept, with the beneficiary of the trust being a foreign entity that is not susceptible to the taxation. This can reduce the tax bill to nil, which makes it an attractive option for those looking for the best corporate structure possible.

Coddan Formation Agency is a company registered agent with extensive experience with nominee companies, trusts and offshore business. So if you want to enjoy the advantages of this highly effective business structure, then get in touch today for a full and frank discussion about your business affairs and your options.