Business stuff...
Business stuff...
Out of context: Reply #7
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- thebottlerocket0
There are many advantages to running your business as a LLC.
Firstly, the LL bit..i.e. Limited Libaility. It privides a seperation of your business with yourself personally, such as a your house, your savings account, etc. This is important as treating you business as a separate entity means that if anything goes wrong, your liability it limited to the company.
VAT registration through a company is also handy and beneficial.
Secondly, as a LLC a decent account will be able to provide good advice on tax minimisation.
But I would really get in touch with an accountant, i can recommend one if you want to email me, and they should be able to give you decent advice.
- Anyway, I would always opt for some sort of LLP or LLC option.thebottlerocket