Great Britain (UK)

Why is this normal?:
Despite their high transparency, UK LLPs (Limited Liability Partnerships) are often used with nominee partners for international structures.

Peculiarities:
– LLP structures are popular for tax-transparent holdings
– Nominal designated members are found in international structures
– The prestige of British jurisdiction
– Extensive network of tax treaties

Regulation:
Very high transparency, public registers (including PSC – persons with significant control), strict regulation.

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