Because there may be specific local tax implications and restrictions in operating through your company (or individually) overseas, we recommend that you seek advice from an overseas specialist before making a decision.
Getting the opportunity to work overseas should be exciting but the tax implications may be quite complicated. Depending on whether you work as an individual or a limited company, you may find the local tax implications to be quite different and if you don’t formally register in that location there may be penalties for non-compliance.
There are all kinds of company tax implications in managing and controlling your company abroad. As well as paying UK corporation tax on your worldwide income, you could be liable for that country’s corporation tax, if they consider that you have a taxable presence. There may also be requirements to set up a local payroll. By speaking to an overseas tax specialist, you should be able to get the best advice around the pitfalls of working overseas via your limited company. For instance, they may suggest working through an overseas umbrella company as the best option.