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by hezbollah123 3343 days ago
It will lead to a generalized and obnoxious "IR35" problem, which says that "you are NOT a real company", because you just incorporated your activity as an employee to pay a much lower corporate tax instead of the higher personal income tax and other contributions that you should be paying. Paying the lower corporate tax is reserved for TRUE capitalists and not for smaller entities such as yourself, who are in fact meant to be treated as substantially higher-taxed wage slaves.