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1. kingkongjaffa · 1790551596 · focus · HN ↗

   whats the uk equiv?

   1. robotresearcher · 1790554773 · focus · HN ↗

      A ‘Registered Limited Company’, as in ‘Widgets Ltd.’. Per the ‘Limited Liability Companies Act’ of 1855.

      1. jz391 · 1790584164 · focus · HN ↗

         In the UK, there used to be significant tax advantages in forming a Ltd: you could pay significant part of the income as dividends (since you were both employee/director and shareholder), which attracted lower tax & could be split with your wife etc. Then regulation IR35 came along...

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