How easy and how cheaply can I set up a limited company
How easy and how cheaply can I set up a limited company
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TASS

Original Poster:

39,731 posts

311 months

Wednesday 17th March 2010
quotequote all
Need a change and am toying with the idea of contracting....not IT. It'll be overseas mainly, if not all and I'd need an accountant.
I have done this with an umbrella company before, is this still an option?

10JH

2,070 posts

221 months

Wednesday 17th March 2010
quotequote all
Setting up a ltd company is incredibly easy. Whether or not this is the best thing to do, I don't know.

Setting it up can be done in a day and costs around £30.

TASS

Original Poster:

39,731 posts

311 months

Wednesday 17th March 2010
quotequote all
Yeah, just found a site that does it for £19.99.

amir_j

3,579 posts

228 months

Wednesday 17th March 2010
quotequote all
TASS said:
Need a change and am toying with the idea of contracting....not IT. It'll be overseas mainly, if not all and I'd need an accountant.
I have done this with an umbrella company before, is this still an option?
Find out which country and normal practice, Switzerland for example will only do swiss umbrellas (via agency) or Swiss companies.

UK wise, some accountants will set up the company for free if you stay with them for 12 months.

TASS

Original Poster:

39,731 posts

311 months

Wednesday 17th March 2010
quotequote all
Working for a Dutch company in China

Gibson70

464 posts

232 months

Wednesday 17th March 2010
quotequote all
TASS said:
Yeah, just found a site that does it for £19.99.
What is the website, please?

Thanks

TASS

Original Poster:

39,731 posts

311 months

muppetdave

2,118 posts

252 months

Wednesday 17th March 2010
quotequote all
I will become a Ltd Co tomorrow fingers crossed. The accountant I intend to use on an ongoing basis is doing the formation for £30.

spikeyhead

20,199 posts

224 months

Wednesday 17th March 2010
quotequote all
TASS said:
Working for a Dutch company in China
If they are paying you from the Netherlands then I don't believe they'll pay your Ltd Company. The chain rule here in the Netherlands means that no company will do anything other than treat you as a temporary employee, and to get round some other issues the pay will be net of Dutch tax via a payroll company. I can happily write chapter and bloody verse on this subject if this is the case.

If you're getting paid from China then I have no idea what the rules are.

TASS

Original Poster:

39,731 posts

311 months

Thursday 18th March 2010
quotequote all
Thanks Spikey, I'll find out more this w/e