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welcome back everyone michael here with offshore citizen today were going to answer a question that one of our viewers had they were asking if i could please do a video on the best places to form an international company for residents of uk now this is probably particularly useful because of the fact that uk just announced that theyre raising their corporate tax rate by six percent which constitutes you know more than 25 is with 30 percent increase in the overall tax rate so thats not good right and uk has a particularly useful set of rules where basically you can have a foreign company that is owned by a domestic company and you can repatriate those dividends tax-free okay so in other words uh well ill explain it to you how as we as we go along im also going to go through kind of what are the problem areas theres like two major areas that are kind of challenging in the case of uk residents so these gonna are gonna be important and then ill go through kind of based on that some