UK Corporation Tax Rates Are Rising – Implications for US-UK Cross-Border Enterprises For at least some UK corporations, the UK corporation tax rate will soon increase. From April 2023, UK corporations with company profits over £250,000 will pay tax at the 25% rate, corporations with company profits under £50,000 will

Bringing Revenue from US Operations Back to the UK When a UK company does business in the US through a subsidiary, it is common for at least some of the gross revenue earned by the US entity to be transferred into the coffers of the UK parent. There are four

Seven Marketing Mistakes by UK Companies Doing Business in the US I have had the pleasure of working with scores of UK companies doing business in the US. Here are seven – easily remedied – marketing mistakes that I have repeatedly encountered. 1. Posting prices inclusive of sales tax. In

Should you hire US employees through a PEO? UK companies entering the US market sometimes decide to use a PEO (or “professional employer organization”) to hire their US employees. A PEO acts, along with the UK company, as the co-employer of these employees. Although the employees are under the day-to-day

Planning to Hire a US Employee? Consider Creating a US Company. When hiring US employees, UK companies can choose to hire them directly as employees of their UK company or indirectly as employees of a US subsidiary (or other affiliated company). There are four reasons why a UK company interested

Should you do business in the US through an LLC? UK companies and residents often express interest in doing business in the US through a US LLC. Their interest is often triggered by well intentioned advice offered by legal and tax advisors with little understanding of the complexities of cross-border

Contrasting Employment Agreements in the US and the UK UK companies first entering the US market are often surprised at the relative lack of formality associated with US employment relationships. Firstly, in the US, written employment agreements are the exception, rather than the rule. There is, for example, generally no

A Few Key Differences in US and UK Company Law In both the US and the UK, operating in corporate form offers limited liability for members and shareholders. There are, however, a few significant differences in how companies are formed in the two countries, as well as in the post-formation