Part 3 Qualifying companies

United Kingdom

1. Qualifying companies: introduction
2. The independence requirement
3. The qualifying subsidiaries requirement
4. Meaning of “qualifying subsidiary”
5. The property managing subsidiaries requirement
6. Meaning of “qualifying 90% subsidiary”
7. The gross assets requirement
8. The number of employees requirement
9. The trading activities requirement: single company
10. The trading activities requirement: parent company
11. The UK permanent establishment requirement
12. Meaning of “qualifying trade”
13. Excluded activities
14. Excluded activities: wholesale and retail distribution
15. Excluded activities: leasing of certain ships
16. Excluded activities: receipt of royalties or licence fees
17. Excluded activities: property development
18. Excluded activities: shipbuilding
19. Excluded activities: producing coal
20. Excluded activities: producing steel
21. Excluded activities: hotels and comparable establishments
22. Excluded activities: nursing homes and residential care homes
23. Excluded activities: provision of facilities for another business