We have a similar entity here in the States, it is called and S-Corp. It is designed for single owner businesses and does allow the owner to dodge some tax burd

We have a similar entity here in the States, it is called and S-Corp. It is designed for single owner businesses and does allow the owner to dodge some tax burden. Specifically the double taxation on income that a single owner would receive if there where under the rules of a C-Corp as well as some unemployment and FICA.