laurakahane
Forums Member
Joined: 18 Feb 2012
Posts: 1
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#1 · Posted: 18 Feb 2012 10:21
Hi there,
I wonder if you can offer me some advice?
I am just about to register as a soletrader (UK based tour operator), that operates in Sri Lanka. We will be offering eco-adventure/culture based tours of the country (tailor-made packages) tours and volunteering projects across the country. We expect start up to be slow and to earn a maximum of between 20-30k per annum, so far off of the VAT threshold. I will be living in Sri Lanka (and working) for between 6-8 months per year. We will not be offering flights. Instead of forming as a partnership, I will be sharing 50% of the profits with the Sri Lanka coordinator, that is based out there. My questions to you are;
1. Are there any problems concerning legality, in registering as a soletrader in the UK (for this type of business) and operating in Sri Lanka? Obviously the vast majority of clients will come from the UK, followed closely by the US and Germany.
2. As we won't be offering flight, are there any compulsory trade organisations that we must register with/become a member of in order to trade like this. I.e for insurance purposes/to protect the clients money? I have heard of ATOL, but is it still compulsory for non-flight offering UK based tour companies.
3. Would this kind of company be classed as UK registered, but 'overseas'?
Any advice would be greatly appreciated!
Kind regards
Laura Kahane
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Laura Kahane
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