I would like to ask what are the potential pitfalls of setting up and running a limited company from a different country. In particular, the company would be incorporated in the United Kingdom, and I would be the directory/sole shareholder/only employee running it from continental EU (Czechia, to be concrete).
I am a software developer and I am more comfortable reading legal documents in English than in my native language. The other reasons why I chose the UK are
- I have good experience with an unnamed mail forwarding/scanning service that offers a 'registered office address'.
- It consistently ranks among the top 10 in the 'Ease of doing business' index
I can see two potential problems:
- The Companies House needs to be informed about the location of the company records unless they are at the registered address. They may object to them being located outside the United Kingdom.
- The mail forwarding service and all its competitors cease their operations. I suppose it would be possible to wind up the company even without a registered office address. I can travel to the UK if necessary.