Don't create start-ups based in the UK. Register overseas (if possible). This is going to harm the UK economy a lot more than they think. Founders will think

Don't create start-ups based in the UK. Register overseas (if possible). This is going to harm the UK economy a lot more than they think. Founders will think twice and will only add to risk and burdens when you are already competing in an international, competitive, start-up space. Remove the offending country from the equation by relinquishing legal responsibilities. I know a few founders who have talked about doing this so I hope the UK reverses this or never becomes a prolific start-up space (which would be a shame). I hope avoidance becomes common practice, the UK is not the only country that incentivise start-ups. Others do and thankfully don't have draconian laws such as this.