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As a UK person it seems insane this is even a thing. It takes £12.50 and about 5 minutes to set up a limited company here via a pretty slick govt process. The g
by martinald 5y ago
As a UK person it seems insane this is even a thing. It takes £12.50 and about 5 minutes to set up a limited company here via a pretty slick govt process. The govt provides boilerplate legal documents and automatically sets up the tax registration.
When it comes to filing yearly accounts the govt site for companies turning over less than around $1m automatically files the accounts for you and works out your tax liability.
- noodlesUK 5y agoIt’s funny, the US is an incredibly burdensome place to set up and run a business. That being said, it’s easier to do small amounts of self employment work without needing any real paperwork, as you don’t need to set yourself up as a sole trader the way you do in the UK.