section 44 wrote:Central control and management is at board, not shareholder, level (Wooden v Holden etc). There are plenty of offshore companies out there which are 100% subsids of UK companies.
But vanishingly-few 100%-owned companies where the UK-resident owner is the sole worker of the business.
If you take on other directors they actually have to exist and exert control. Your board meetings have to be in that country. IMO most attempts to offshore a company that isn't really offshore at all will fail.
So yes, I can invest my money as 100% shareholder into a foreign venture without making it UK resident.