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Thanks for that. I only had a cursory look at starting a company with an ABN when in Australia. It was a few years ago, but I was initially shocked at the diffe
by gregsq 14y ago
Thanks for that. I only had a cursory look at starting a company with an ABN when in Australia. It was a few years ago, but I was initially shocked at the difference. In the UK it's £20 to register a private limited company, £15 for the annual return, and that's it for companies house. Inland revenue and employment is extra, but it's cheap to set up trading companies in the UK. And the more of those you have the more likely you are to have competitive pressures in retail.
I'm no expert on Australia's seemingly top heavy retail structure. Maybe it's just an incorrect impression I have that the top end of town gets accommodated, but that the rest have lots of hoops to jump through.