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Nesgroup address: misc.invest.real-estate - Date & Time for the message: 7 Mar 2005 06:18:43 -0800
/ Author of the message: go4gold@gmail.com (A Passi) |
Title of the message: |
UK Limited Company to Own a Foreign Property Trading Company
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Text of the message: |
Can i pick some brains please. Looking at the booming property market in Eastern Europe, I am contemplating to buy some properties in Prague. However, to do this, i will need a local company in Prague which i can setup without much problems. However, my questions are:- 1. Can my UK Ltd Company own that Prague Ltd company. I do not intend to use those properties for holiday purpoases. 2. If (1) is possible, will UK Ltd company provide a loan to Prague Ltd Company? Or will this arrangement be as simple as investing in say "overseas stocks"? 3.Is the double taxation treaty applicable for corporation tax as well? I understand that using Ltd company route i can not use my allowances for CGT. But this will be a long term investment and can act as my pension. Do i need any further special considerations? . |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.