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Starting a company in the UK is trivial. Any accountant will set one up for around 100 pounds (more if they're in London). For small companies, accounting rul
by pascalmemories 11y ago
Starting a company in the UK is trivial. Any accountant will set one up for around 100 pounds (more if they're in London). For small companies, accounting rules are fairly relaxed (no audits required, just basic accountant review).
Compared with North America, you don't need to have any local trading licenses or registrations. There are no requirements for lawyers to draw up articles of association and register (accountants just use pre-approved templates).
Opening bank accounts was simpler (and much cheaper in my experience) too. You just take in your ID and confirmation of the company registration. Most banks will give a deal and many even have free banking. North American banks are generally eye-watering in their fee scales in comparison.
Having done both, the UK is way simpler, quicker and less onerous than North America. It also opens up the entire EU as you don't need to keep registering or licensing in each place (unlike in North America).
On residence/citizenship (note, NOT required to have a UK company!), the UK is a pain in the ass. They have become all crazy about immigration and put all sorts of obstacles in your way.
Find a different EU country for residence - forum shop. Some grant based on even a small amount of heritage (like multiple generations back) and some grant based on ca$h. If you have a few hundred thousand $, you should be able to buy your way in. Otherwise, a business startup with employment within a number of months is another route.
Once you have EU citizenship in one country, you have a Charter Right to go to any other you please.
- vijayr 11y agoSome grant based on even a small amount of heritage (like multiple generations back) and some grant based on ca$h. If you have a few hundred thousand $, you should be able to buy your way in. Otherwise, a business startup with employment within a number of months is another route. Could you please explain a bit more on this? I'm also googling
- pascalmemories 11y agoGet professional advice. Google is not a professional advisor ! However, some basic searching suggests Italy could be one route provided you have Italian heritage : http://www.italyheritage.com/genealogy/citizenship/ http://www.italyheritage.com/genealogy/citizenship/ And Malta is generous on the financial front : http://www.ccmalta.com/publications/malta-citizenship-investment http://www.ccmalta.com/publications/malta-citizenship-invest... A house purchase looks cheaper than pure capital investment. Malta is a nice place to live too. You need proper professional advice though. Google will get you started on places to inquire.
- hackerboos 11y ago>Having done both, the UK is way simpler, quicker and less onerous than North America. Canada ranks 2nd in "opening a business" section of the Doing Business site, only beaten by New Zealand.