Moving permanently abroad while running a sole trader company in the UK
Good afternoon,
I’ve been running a sole trader company for the last 8 years in the UK as a resident EU citizen.
I mainly import coffee beans and ground coffee from the EU into the UK for reselling in different marketplaces.
I am thinking of moving permanently abroad and I was wondering if it could be possible to carry on trading, obviously managing the business remotely. It would be a pity to erase all the job done in the last years.
I just want to know if it’s possible to do so. If yes, what are the steps to take? What are the legal requirements? I have no idea from where to start.
Thank you in advance.
Moving permanently abroad while running a sole trader company in the UK
Good afternoon,
I’ve been running a sole trader company for the last 8 years in the UK as a resident EU citizen.
I mainly import coffee beans and ground coffee from the EU into the UK for reselling in different marketplaces.
I am thinking of moving permanently abroad and I was wondering if it could be possible to carry on trading, obviously managing the business remotely. It would be a pity to erase all the job done in the last years.
I just want to know if it’s possible to do so. If yes, what are the steps to take? What are the legal requirements? I have no idea from where to start.
Thank you in advance.
8 Antworten
Seller_DTufFoxJuMU0M
You can do, but if you are storing/sending stock to FBA then you will need to register for VAT as a NETP
Seller_qZO3ZCjoBXEeL
If you are a UK based sole trader currently then you will need to establish a new business in your home country and - depending on what you do, transfer/update your new business credentials.
If you are using FBA in the UK you will need to register for VAT (if you aren’t already).
Seller_NYYpjmrzcs8rh
I’m currently VAT registered, with EORI number. I really appreciate your help, but the problem is that I need to be guided through. All the accountants I have talked with they haven’t provided a valid resolution plan on this matter.
Seller_NYYpjmrzcs8rh
You don’t sound heartless at all, I completely agree with you.
I just hoped that someone was in a similar situation to give some advice or guidelines.
Seller_7VbclcPFFRTnc
Do you actually mean sole trader - or do you mean a company as in ltd ?
