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?
🤔
Is it really tjat easy in the uk? Do you need kyc?
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Yes and yes.
Costs $220 here in canada just to get the paper filed
What a racket.