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  • BIGTYMER
    Junior Achiever
    • Nov 2004
    • 17066

    #1

    UK Limited

    Why are so many porn sites owned by UK Limited companies?

    What are the advantages?
  • TheDA
    Confirmed User
    • May 2006
    • 4665

    #2
    If it's what I think you are seeing then it is a European billing requirement in some cases, and it is just an address at the end of the day.
    Last edited by TheDA; 10-27-2010, 12:50 AM.
    Sharleen Spiteri - 1989 - In The Ass

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    • 247mg
      Yellowplum / 247mg
      • Feb 2008
      • 2162

      #3
      I think bcz of 2257
      247mg.com - Indian Affiliate Program - Over 50+ Sites To Promote - Monetize Your INDIAN Traffic Today!

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      • xato
        Confirmed User
        • Mar 2003
        • 1205

        #4
        It's also pretty attractive to people, because minimum founding capital is only 1 GBP. Opposed to for example 25'000 EUR in Germany or 20'000 CHF in Switzerland.

        Bad Lamborghini Crash

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        • Klen
          • Aug 2006
          • 32234

          #5
          see this: http://www.companiesmadesimple.com/

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          • mafia_man
            Confirmed User
            • Jul 2005
            • 1965

            #6
            It's very easy and cheap to set up a UK Ltd, other European nations (such as Italy) are a pain in the arse.
            I'm out.

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            • DVTimes
              xxx
              • Jun 2003
              • 31650

              #7
              One of the BIG reasons is so you can go around and tell people your a director of a company.

              Its often an ego buzz.

              I know a few UK webmasters who do this.

              Also I think they do it in order to give the ipreshion they are making big bucks.

              I know a few who bank on about being a company, yet make sod all cash.
              XXX

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              • Klen
                • Aug 2006
                • 32234

                #8
                Originally posted by mafia_man
                It's very easy and cheap to set up a UK Ltd, other European nations (such as Italy) are a pain in the arse.
                This is why London is world wide financial center,while others are not even close.Almost every other europe company to making a company is royal pain in ass,starting from Croatia,Austria,Czech Republic etc...

                Comment

                • redwhiteandblue
                  Bollocks
                  • Jun 2007
                  • 2785

                  #9
                  Originally posted by DVTimes
                  One of the BIG reasons is so you can go around and tell people your a director of a company.

                  Its often an ego buzz.

                  I know a few UK webmasters who do this.

                  Also I think they do it in order to give the ipreshion they are making big bucks.

                  I know a few who bank on about being a company, yet make sod all cash.
                  That's got fuck all to do with the question, go back to mowing people's lawns.
                  Interserver unmanaged AMD Ryzen servers from $73.00

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                  • mafia_man
                    Confirmed User
                    • Jul 2005
                    • 1965

                    #10
                    Originally posted by KlenTelaris
                    This is why London is world wide financial center,while others are not even close.Almost every other europe company to making a company is royal pain in ass,starting from Croatia,Austria,Czech Republic etc...
                    That's why we're 5th on the doingbusiness website:

                    http://www.doingbusiness.org/rankings
                    I'm out.

                    Comment

                    • TheDA
                      Confirmed User
                      • May 2006
                      • 4665

                      #11
                      Originally posted by DVTimes
                      One of the BIG reasons is so you can go around and tell people your a director of a company.

                      Its often an ego buzz.

                      I know a few UK webmasters who do this.

                      Also I think they do it in order to give the ipreshion they are making big bucks.

                      I know a few who bank on about being a company, yet make sod all cash.
                      Yes. That's why they do it, you fucking simpleton.
                      Sharleen Spiteri - 1989 - In The Ass

                      Comment

                      • Ethersync
                        Confirmed User
                        • Mar 2008
                        • 5289

                        #12
                        There were huge tax benefits, but I think that has changed a bit. Not really sure though.
                        The best ePassporte replacement I have found: OKPAY

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                        • DVTimes
                          xxx
                          • Jun 2003
                          • 31650

                          #13
                          Originally posted by TheDA
                          Yes. That's why they do it, you fucking simpleton.
                          hay

                          i have know a few who do it for that reason.

                          they love to sound like a big player.
                          XXX

                          Comment

                          • ArsewithClass
                            So Fucking Banned
                            • Mar 2007
                            • 7957

                            #14
                            Originally posted by BIGTYMER
                            Why are so many porn sites owned by UK Limited companies?

                            What are the advantages?
                            Anyone speaking about being a director is bollocks.. A limited company usually has shares & makes it easier to start another business. Anyone that runs a business is a director so its nothing to do with that.

                            The DA is right in saying its easy to start a British limited company, however, its just as easy to start a business in a country such as Bulgaria

                            The main advantages of having your business base as a UK company would be the taxable expense advantages & a limited company, your house is not touched if the company goes under.

                            Comment

                            • Ethersync
                              Confirmed User
                              • Mar 2008
                              • 5289

                              #15
                              Originally posted by ArsewithClass
                              The main advantages of having your business base as a UK company would be the taxable expense advantages & a limited company, your house is not touched if the company goes under.
                              There are (or were?) further tax benefits for non-residents with UK companies operating outside of the UK as I recall.
                              The best ePassporte replacement I have found: OKPAY

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                              • Adraco
                                Confirmed User
                                • May 2009
                                • 3745

                                #16
                                My UK company is able to pay me dividends 12 times per year, once per month. Which means that I can receive a good amount monthly which is only taxed as capital. A monthly salary would be taxed as income and would need social taxes and employer fees added to them. So it's a way to tax-plan and keep a bit more as compared to having to pay it to government.

                                Besides, I do not reside in the UK, I do not have a UK passport. Yet, the company was setup for me, filed with all the proper authorities and so on in a day or two. I never have to visit UK, everything can be handled for me by a remote agent. Convinient.
                                ----------------------------------------------------------------------------------
                                The truth is not affected by the beliefs, or doubts, of the majority.

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                                • ArsewithClass
                                  So Fucking Banned
                                  • Mar 2007
                                  • 7957

                                  #17
                                  Originally posted by Ethersync
                                  There are (or were?) further tax benefits for non-residents with UK companies operating outside of the UK as I recall.
                                  Yeah, I think youre right. It is taxable benefits that is the main attribute. Also, I think, having a British limited companies give a more rewarding benefit to offshore accounts in Jersey.
                                  I also think you have to have a turnover of 50k or more for a limited company.

                                  Comment

                                  • DVTimes
                                    xxx
                                    • Jun 2003
                                    • 31650

                                    #18
                                    Originally posted by ArsewithClass
                                    Anyone speaking about being a director is bollocks.. A limited company usually has shares & makes it easier to start another business. Anyone that runs a business is a director so its nothing to do with that.

                                    The DA is right in saying its easy to start a British limited company, however, its just as easy to start a business in a country such as Bulgaria

                                    The main advantages of having your business base as a UK company would be the taxable expense advantages & a limited company, your house is not touched if the company goes under.
                                    Originally posted by DVTimes


                                    do uk pimps like yourself who pimp there wife for bareback/unprotected sex for £50 form ltd company?
                                    XXX

                                    Comment

                                    • ArsewithClass
                                      So Fucking Banned
                                      • Mar 2007
                                      • 7957

                                      #19
                                      Originally posted by DVTimes
                                      do uk pimps like yourself who pimp there wife for bareback/unprotected sex for £50 form ltd company?
                                      Troll....

                                      Seriously.. You need to grow up. You are meant to run an adult business not a nursery

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