4 ms·

Does the LLC not exist in the UK?

• hdjrudni 2y ago
  Even if it does...are you registering companies for hobby projects?
  • Suzuran 2y ago
    You are if you want to survive even a trivially baseless lawsuit.
  • dartos 2y ago
    If I’m exposing myself to legal risk, yes. It’s really easy to get an LLC registered
• deleted 2y ago
  [deleted]
• reverendsteveii 2y ago
  Do LLCs protect against criminal liability? Right now if your website has any way of allowing two users to talk to one another you're covered by this law and the penalties for violation include prison time.
• ColinWright 2y ago
  There is some discussion that the framing of the legislation allows the government to go after the individuals behind the company. The company has to name individuals who are responsible for various aspects, and they are then legally liable. I can't confirm this yet, but it would not surprise me. "The power of accurate observations is commonly called cynicism by those who haven't got it." -- George Bernard Shaw
  • Dylan16807 2y ago
    What if you don't name anyone? The plan being: hope they actually stay away from small companies, but if they start giving you trouble for not having anyone named then you shut down.
    • collingreen 2y ago
      This does not sound like safe advice
      • Dylan16807 2y ago
        It's not advice, it's a question. What happens if you don't name anyone?