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> Granted, you can get the same in the UK for almost nothing until you actually make money You don't have to pay any National Insurance contributions (employer
by lucaspiller 12y ago
> Granted, you can get the same in the UK for almost nothing until you actually make money
You don't have to pay any National Insurance contributions (employer or employee) until your salary is above £153 per week. Although that's below the minimum wage for full time employees, as a director you can pay yourself what you want.
- fauigerzigerk 12y agoThat's right, and on top of that you can create a limited company for a tiny fee with zero minimum capital requirements. The UK is pretty much ideal in that regard. However, there is only one place in the UK for starting a startup and that place is London. Rent alone will cost you several times your Spanish social security contributions.
- endzone 12y agostartups can only work in london? what a bizarre claim
- dasil003 12y agoEspecially when we're talking about €300 / month being a high premium for a startup to pay, because the premium for one person to live in London is way way higher.
- fauigerzigerk 12y agoIt was not my intention to make that claim. Startups can work anywhere in the world. But within the UK, London has by far the largest startup ecosystem. For a foreigner moving to the UK to start a startup, other places don't make much sense in my view. For UK nationals it may be a different matter.
- Symbiote 12y ago> However, there is only one place in the UK for starting a startup and that place is London. But it's a small-ish country, with decent transport connections. Why not Manchester, with trains every 20 minutes to London when needed? [1] Or Bristol [2]. Cambridge has had startups for ages. [1] http://traintimes.org.uk/london/manchester http://traintimes.org.uk/london/manchester [2] http://www.theguardian.com/technology/2014/jan/12/bristol-bath-tech-startups http://www.theguardian.com/technology/2014/jan/12/bristol-ba...
- fauigerzigerk 12y agoIt's certainly possible to do it that way, but when I was living in NW England, I ended up not making the trip to London very often. You can blame my laziness if you like.