TAX setup UK- Beneficial Owner?

Question

Level 1

2 points

TAX setup UK- Beneficial Owner?

Hi,

I hope someone can help me here.

I have developed an app for my company and its ready to be marketed. To roll out I needed to fill the contract forms on iTunes connect. I am stuck on the TAX setup.

Some facts:

- We are based in the UK

- We are a limited company (more than one employee)

Question:

- On the type of beneficial owner section, do we qualify as a "corporation"?

- I have been reading a lot on the internet as some people mention about getting an EIN / W-8BEN and so on?! I am confused as we are residents of the UK and is there some tutorials or steps to be taken to be prepared.

I would appreciate if someone who has go through this process give us an idea on how to proceed?

Many thanks.

Posted on Feb 8, 2013 1:28 AM

Reply

Answer 1

Feb 5, 2014 11:11 PM in response to WebAppsDev

Hi John,

Yes, I spoke to my Accountants. "Corporation" is the one to go for.

Cheers

Andy

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Answer 2

Feb 6, 2014 2:16 AM in response to AndyCapon

Thanks for the reply Andy, "Corporation" is the option I ended up selecting.

Also, the latest online Tax setup form appeared very straight forward. Everything is now showing as "effective" and good to go, just waiting for my app to be approved.

I was only given a pdf download link which contained the contract between my company and Apple, there was no mention of having to contact the IRS / complete EIN forms etc...

Has all the above now been deprecated and made more simple /?

I read old posts dating 2008+ where Devs in the UK did have to complete the EIN etc...

Cheers

John

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Answer 3

Dec 8, 2015 7:02 AM in response to vdocreatives

Apologies for bringing this up again. We are in the process of setting this up as well. There seems to be 2 different sections where you have to choose from the options. We have selected 'corporation' and kept the SSN or ITINEIN section empty as suggested in some other post, but every time we try to go ahead it gives us an error 'please specify the type of income'. Can anybody suggest what we are doing wrong?

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Answer 4

Sep 30, 2013 8:20 AM in response to vdocreatives

Hi,

Did you ever get to the bootom of this?

Thanks

Andy

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Answer 5

Feb 5, 2014 2:20 PM in response to vdocreatives

Hi there...I work for myself via my own Uk Limited company and am stuck on the exact same point regarding the type of beneficial owner. Did you manage to resolve this?

Thank you

John

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Answer 6

Feb 6, 2014 2:20 AM in response to WebAppsDev

Yep, I think they simplified it a lot!

Good luck with your app.

Cheers

Andy

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Answer 7

Feb 6, 2014 2:50 AM in response to AndyCapon

Thanks Andy, just checking...I don't want a double tax hit (IRS & HMRC) ha ha ;-)

Cheers

John

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Answer 8

Bytecrew

Level 1

0 points

Mar 6, 2016 8:02 AM in response to Technologyc

Hi,

Did you get an answer? We are at the same point and have to check one or the other.

cheers

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