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Don’t come unstuck when it comes to your tax obligations – speak to an expert in your chosen territory.
So, you’re thinking of either buying or selling a business abroad? Exciting times! Sorry to be a killjoy, but you know that there’s going to be a tax to pay on the transaction, right? Do you know how the tax system works in that particular jurisdiction?
If not, it’s lucky for you that we dropped by!
We’re deadly serious when we say that there are some important pitfalls to avoid when it comes to buying a company or selling your business in unfamiliar territories. That’s why it’s so important to get advice from a business and tax advisor who’s an expert in these matters and in your chosen part of the world – a Tax Native if you will!
And we can make the introductions.
International expertise
Unfortunately, there isn’t a catch-all solution to paying taxes when buying or selling a business. That’s because every jurisdiction around the world has its own rules, regulations and peculiarities. Let’s look at that in a bit more detail…
Selling abroad
When selling a business abroad, you have to keep many of the same considerations in mind as if you were buying one. The local tax laws, tax treaties, the type of business that you’re buying, the way that you receive payment for the sale, and the exchange rate will all have a say on how much tax you need to pay.
One additional consideration you may have to consider is the repatriation of funds. If you’re repatriating the funds from the sale of the business back to your home country, you’ll need to consider the tax implications of that as well.
You might need to consider one (or all) of the following factors when buying a business in a foreign territory:
All great reasons to speak to a tax professional who’s familiar with both your country’s tax laws and the tax laws of the country where the business is located. Need business sale advice? We’ll know someone in your territory that can help.
When selling a business in a foreign territory, did you know that you might be entitled to tax relief options? No, really! Here are some key factors to consider:
See? You could potentially save yourself a tidy sum – but only if you’ve got the correct information. Let us put you in touch with a tax professional who is familiar with both the tax laws of the foreign territory and your home country’s tax laws. They’ll help you navigate the complexities of cross-border tax issues and make sure that you take advantage of all available tax relief options.
Think of us as a tax dating service (stay with us on this). We swipe through our network of international tax consultants and find one that’s a perfect match for your unique tax situation.
Whether you’re of retirement age and are looking to invest your pension, a property magnate expanding your portfolio into new countries, or a stakeholder in a business that is opening up a satellite in a new location, our international tax advisors can help you with the tricky business of abiding by local tax laws.
We’ll strip away all the jargon and make the world of international tax feel much more intimate. A match made in international tax heaven, if you will. Find out more about your tax destinations and jurisdictions using the map below.
View global adviser mapMEMBERSHIP LEVELS —
The Curator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.
The Creator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.
The Adviser is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.
Become a curator
TAX NATIVES: CURATOR — CuratorThe Curator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives. |
Become a creator
TAX NATIVES: CREATOR — CreatorThe Creator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives. However, the Creator has additional responsibilities. They commit to their other Natives that they will produce at least one piece of quality content each quarter – whether an article, video or other valuable content. There are multiple Creator memberships available for each jurisdiction. Where a Curator fulfils their commitments then they receive a 100% discount against their monthly membership fee. |
Become an adviser
TAX NATIVES: ADVISOR — AdviserThe Adviser is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives. The Adviser Native is a care-free soul and has made no other commitments to his fellow Tax Natives to generate content or curate a jurisdictional page. That's cool. However, the Adviser will be eligible to pay the full monthly membership fee. |
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Initial admin fee | £250 Free | £250 Free | £250 Free |
Minimum membership term | 12 months | 12 months | 12 months |
Article contentCreator and Curators must create at least one piece of original, quality-approved content each quarter. |
No | YesCreator and Curators must create at least one piece of original, quality-approved content each quarter. |
No |
Managing and updating your jurisdiction page |
Yes |
No |
No |
NATIVE
TAX NATIVES: CURATOR —
The Curator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.
However, the Curator has additional responsibilities. They are tasked with the responsibility of managing and updating one of the jurisdiction pages.
There is only one Curator membership available for each jurisdiction.
Where a Curator fulfils their commitments then they receive a 100% discount against their monthly membership fee.
Initial admin fee | £250 Free |
Minimum membership term | 12 months |
Article contentCreator and Curators must create at least one piece of original, quality-approved content each quarter. |
No |
Managing and updating your jurisdiction page | Yes |
TAX NATIVES: CREATOR —
The Creator is a fully-fledged member of the Tax Natives team. As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.
However, the Creator has additional responsibilities. They commit to their other Natives that they will produce at least one piece of quality content each quarter – whether an article, video or other valuable content.
There are multiple Creator memberships available for each jurisdiction. Where a Curator fulfils their commitments then they receive a 100% discount against their monthly membership fee.
Initial admin fee | £250 Free |
Minimum membership term | 12 months |
Content creationCreator and Curators must create at least one piece of original, quality-approved content each quarter. |
YesCreator and Curators must create at least one piece of original, quality-approved content each quarter. |
Managing and updating your jurisdiction page | No |
TAX NATIVES: ADVISOR —
The Adviser is a fully-fledged member of the Tax Natives team.
As such, they are capable of making introductions to other Tax Natives and are also able to take leads from their fellow Natives.
The Adviser Native is a care-free soul and has made no other commitments to his fellow Tax Natives to generate content or curate a jurisdictional page.
That's cool.
However, the Adviser will be eligible to pay the full monthly membership fee.
Initial admin fee | £250 Free |
Minimum membership term | 12 months |
Content creationCreator and Curators must create at least one piece of original, quality-approved content each quarter. |
No |
Managing and updating your jurisdiction page | No |
If you want to know more about Tax Natives membership, you’re having problems with your account, or if you’d like to give a virtual high-five to a Tax Native, drop us a line and we’ll get back to you.
OUR MISSION —
Tax Natives is an international tax network that connects taxpayer clients with qualified and regulated tax advisers, from one jurisdiction to another. But we’ll let Andy explain – he’s good at this stuff.
Tax Natives is an international tax network that connects Explorers (taxpayer clients) with Natives (qualified and regulated tax advisers) from one jurisdiction to another.
Select the ‘Ask a question button located on the top of each page and follow through the process to compose your question
Once your question is confirmed and your account is set up, navigate to your user dashboard to view the message exchange between you and your Tax Native.
Each Tax Native has to accept a question from an Explorer before a conversation can begin. Once the Tax Native has accepted your question, a quote will be submitted for approval through the messaging portal.