Replying to Avatar ⚡️🌱🌙

In the UK, starting a new company involves clicking through 8 webpages and paying £12.

This gives you huge financial protection in the form of limited liability and major tax benefits (pay tax on profits only not income).

Yet 92% of people never do this even once, throughout their entire lives?

🤔

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ibe (no-till weed) 2y ago

Is it really tjat easy in the uk? Do you need kyc?

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⚡️🌱🌙 2y ago

Yes and yes.

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ibe (no-till weed) 2y ago

Costs $220 here in canada just to get the paper filed

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⚡️🌱🌙 2y ago

What a racket.

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