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What's the situation like there with having your own business vs as things are here with a uk ltd company, or do you work via an umbrella corp?
by cyberpunk 10y ago
What's the situation like there with having your own business vs as things are here with a uk ltd company, or do you work via an umbrella corp?
- passiveincomelg 10y agoAs far as I know, setting up a "UG" is easy enough. I'm registered as a freelancer ("Freiberufler") with the tax authorities. I guess that's like a sole proprietor? Upside is that I don't pay corporate tax (because there's no corporation). Downside is that I pay taxes on all my income instead of keeping most of it in the corporation.