5 ms·
I had been in the same position for about ten years until I set up a limited liability company. It does take some effort to set up and costs about $20/month[1],
by GrantZvolsky 6y ago
I had been in the same position for about ten years until I set up a limited liability company. It does take some effort to set up and costs about $20/month[1], but to me the peace of mind is well worth it.
[1]: https://www.ukpostbox.com/address/business-address-service https://www.ukpostbox.com/address/business-address-service
- _0o6v 6y agoA limited liability company may mean you're personally not liable, but your business can still be made bankrupt which isn't much better.
- Sohcahtoa82 6y agoThe cost to own an LLC varies a lot on jurisdiction. Even in the USA, it can vary considerably from state to state.
- petecoop 6y agoAlso they link to a business address service, which isn't a business. Actual cost of just owning a business in the UK is £13/year
- varispeed 6y agoThis is insane that a user has to setup a separate company just to protect themselves from sudden bills that may be not their fault.