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UK Limited
Why are so many porn sites owned by UK Limited companies?
What are the advantages? |
If it's what I think you are seeing then it is a European billing requirement in some cases, and it is just an address at the end of the day.
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I think bcz of 2257
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It's also pretty attractive to people, because minimum founding capital is only 1 GBP. Opposed to for example 25'000 EUR in Germany or 20'000 CHF in Switzerland.
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see this: http://www.companiesmadesimple.com/
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It's very easy and cheap to set up a UK Ltd, other European nations (such as Italy) are a pain in the arse.
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One of the BIG reasons is so you can go around and tell people your a director of a company.
Its often an ego buzz. I know a few UK webmasters who do this. Also I think they do it in order to give the ipreshion they are making big bucks. I know a few who bank on about being a company, yet make sod all cash. |
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http://www.doingbusiness.org/rankings |
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There were huge tax benefits, but I think that has changed a bit. Not really sure though.
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i have know a few who do it for that reason. they love to sound like a big player. |
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The DA is right in saying its easy to start a British limited company, however, its just as easy to start a business in a country such as Bulgaria :2 cents: The main advantages of having your business base as a UK company would be the taxable expense advantages & a limited company, your house is not touched if the company goes under. |
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My UK company is able to pay me dividends 12 times per year, once per month. Which means that I can receive a good amount monthly which is only taxed as capital. A monthly salary would be taxed as income and would need social taxes and employer fees added to them. So it's a way to tax-plan and keep a bit more as compared to having to pay it to government.
Besides, I do not reside in the UK, I do not have a UK passport. Yet, the company was setup for me, filed with all the proper authorities and so on in a day or two. I never have to visit UK, everything can be handled for me by a remote agent. Convinient. |
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I also think you have to have a turnover of 50k or more for a limited company. |
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do uk pimps like yourself who pimp there wife for bareback/unprotected sex for £50 form ltd company? |
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Seriously.. You need to grow up. You are meant to run an adult business not a nursery :2 cents: |
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