From IP completion day (11pm on 31 December 2020), the ability to form an EEIG within the UK was removed. Any EEIGs that were registered in the UK immediately before IP completion day were automatically converted into 'UK Economic Interest Groupings' or 'UKEIGs'1, see D4.501 for more details.
For UK tax purposes, both EEIGs and UKEIGs are treated as fiscally transparent, that is, that any profits or losses resulting from its activities must be taxable only in the hands of its members2.
Tax on income of EIGs
For the purposes of charging tax on income and gains an EEIG or UKEIG is treated as the agent of its members3. For those purposes, therefore, the activities of the EEIG or UKEIG are regarded as being those of its members acting jointly. Each member is treated as having
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Web page updated on 17 Mar 2025 15:41