As a matter of fact, I'm considering setting up my limited liability company in the UK because in Italy that is very expensive for a bootstrapped startup - at l

As a matter of fact, I'm considering setting up my limited liability company in the UK because in Italy that is very expensive for a bootstrapped startup - at least 4.000 euro just for setting it up, without actually doing any business, and most of it isn't even taxes but professional fees you are forced to pay. But my case apart, I don't think that the current system is good eg for 20 something students who could create a startup while studying, if anything else because it's too complicated to find and exploit those loopholes. What I'd like is not having to look for loopholes, which are much easier to use for bigger companies (look at what Google pays in taxes).