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ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Mon, 07 Mar 2005 15:19:28 +0000
/ Author of the message: Biwah |
Title of the message: |
Re: UK Limited Company to Own a Foreign Property Trading Company
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Text of the message: |
On 7/3/05 2:18 pm, in article efb3519d.0503070618.15df6ff6@posting.google.com, "A Passi" <go4gold@gmail.com> wrote: > However, my questions are:- > 1. Can my UK Ltd Company own that Prague Ltd company. Yes. This is done all the time to avoid civil law inheritance rules, among other things. An EU/EEA company can own the shares of a Czech one. > 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"? Perhaps a combination of the two. Get competent tax advice. One problem is that losses in the Czech Republic cannot pass through to offset gains and profits in the UK. You need to structure your business to preserve the losses that are bound to occur in the beginning to offset future profits. > 3.Is the double taxation treaty applicable for corporation tax as > well? Of course. You can get info from the International Bureau of Fiscal |
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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.