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I am struggling to see what prevents contractors from switching from their ltd to umbrella once they need a mortgage? I assume it is possible to negotiate with the client that from this months call me not MyCo Ltd but Umbrella Ltd, is not it?
Please correct me if I am wrong but umbrella is an...
Can you share a link on law saying that?
I saw a consultancy registered in Netherlands working in UK. One more example is a software company working in Germany and being registered in Luxembourg. And another one working in the UK and headquartered in Luxembourg.