I am a resident of UAE ( united arab emirates ) .
I am planning to incorporate a company in UK LLC , for my Software-as-a-Service ( SaaS ) company, that delivers software products to customers, primarily to N America, UK and Europe.
As far as UK is concerned, I will be a non-resident as I will be a sole director of the company but working outside the UK, being a resident of UAE.
Couple of questions.
1) Can I form a 1-member uk l ?
If not - what would be the best structure to form for a single-member non-resident director company ?
2) If I am the sole nonresident director, and I am a resident of UAE , how can I get paid ?
Can I (as a non-resident director) draw a salary or is it only through dividends (issued after paying corporate income tax ) ?
Any tax treaties between UK-UAE that I should be aware of or any witholding to be aware of ?