Hello guys,
Great forum, I'm so relieved I found it!
I have a couple of questions myself to clear the concepts of contracting in the UK before moving in:
1) As far as I understand most of you have your own companies registered in the UK, is that correct?
2) I see also some guys are going through these so called "umbrella" companies which probably hire them as an intermediate company between them and the end client just for the purpose of issuing invoices, correct?
3) I, myself, have a company registered in another EU country and I'm planning to come to the UK and go after some contracts. The idea was that insurance rates, personal and corporate taxes are much lower here. Besides that, when billing from another EU country the customer does not have to pay VAT (I'm pretty sure they'll like this). Could I have any administrative, legal or other problems getting a contract in my case?
4) It occurred to me several times that people are mentioning that they have contracts signed with the HR agencies instead the customer itself. Is this common practice in the UK? I thought that HR agencies are just getting a commission from their clients for finding the right guy.
Cheers
Great forum, I'm so relieved I found it!
I have a couple of questions myself to clear the concepts of contracting in the UK before moving in:
1) As far as I understand most of you have your own companies registered in the UK, is that correct?
2) I see also some guys are going through these so called "umbrella" companies which probably hire them as an intermediate company between them and the end client just for the purpose of issuing invoices, correct?
3) I, myself, have a company registered in another EU country and I'm planning to come to the UK and go after some contracts. The idea was that insurance rates, personal and corporate taxes are much lower here. Besides that, when billing from another EU country the customer does not have to pay VAT (I'm pretty sure they'll like this). Could I have any administrative, legal or other problems getting a contract in my case?
4) It occurred to me several times that people are mentioning that they have contracts signed with the HR agencies instead the customer itself. Is this common practice in the UK? I thought that HR agencies are just getting a commission from their clients for finding the right guy.
Cheers
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