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If like me you are from the UK it can be hard to appreciate how well aligned our country is to starting businesses, the origins of protection for companies orig
by tudorw 9y ago
If like me you are from the UK it can be hard to appreciate how well aligned our country is to starting businesses, the origins of protection for companies originates with corporate activity around the 13th Century with the http://www.merchantsofthestapleofengland.co.uk/ http://www.merchantsofthestapleofengland.co.uk/ and since then, with corporations holding large amounts of wealth and power, UK law has developed in step with the demands of corporations, coupled with historically low corruption in government and civil service, beneficial tax arrangements for new businesses, a tax system that helps recoup losses on investments and high level of security we are well supported in starting businesses and should appreciate that others are not so fortunate.
- sitharus 9y agoEven that seems like a huge requirement compared to New Zealand where the only requirement is I file my taxes every year. If I want limited liability that costs NZ$115 +GST (though by that time you’re normally gst registered so that doesn’t matter) There is the matter of provisional tax though, so an accountant does help.
- ramtatatam 9y agoI can compare how this system works in UK to how it works in other EU country and cannot agree more. In UK it's very simple and straightforward.