I have a client who wants to set up a parent company in taxheven. the profits made by UK subsidiary will be transferred in the form of dividends to taxheven. The owner of the grroup owns other UK companies (outside the group mentioned above) which can be categoried as Associate companies for tax purposes.
This dividends will stay within the parent company & will be utilised to loan other UK associate companies - on which an armslength interest will be charged.
In this scenario, should i cosider anything in relation to "AML" and anything needs to be reported in the form of SAR.