[ajeet_dhaliwal]

The LLC is great for smaller businesses and startups. Which is why it's a shame countries like the UK and Canada have no such structure and business owners are left to choose between sole proprietorship and a corporation. I have lived in both of these places and I know the governments in both talk a lot about promoting small business and entrepreneurship but talk is easy, they need to do the work necessary to make company structures available that would work for this group. I have written to the relevant UK government department and received no response.

[matthewmacleod]

I’m not too sure what problems you feel a UK private limited company has. It’s super easy to set up, requires minimal paperwork, and indeed most IT contractors I know work through their own limited companies.

[ajeet_dhaliwal]

They have no other choice. A private limited company is like a US corporation, it doesn’t have the pass through income an LLC does.