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I'm sorry for not searching the forum. I'm contracting for Ericsson and basically just wanted some information on what the best option would be for me with regards to setting up my business, so to speak.
Do i set up as a limited company in the UK or abroad or do i get an Umbrella company to do everything for me for a fee???? Which would be most financially beneficial????
I am resident of the UK and have just started contracting in Sweden. Now i have been asked by the recruitment agency how i am set up?? To be honest, i have no clue on how to set up, either as a LTD company in the UK or abroad or work under an Umbrella company?? This is all new stuff to me and was wondering if anyone can advise me on what these entities are and mean and which would be most beneficial to me with regards to tax and the rest???
Thank you.
How long do you intend on contracting for? if it's only a short time, then probably an umbrella company would suit you best. If you're in it for the long term, set up a Ltd and get a good accountant - check these guys out >> http://www.nixonwilliams.com
I am resident of the UK and have just started contracting in Sweden. Now i have been asked by the recruitment agency how i am set up?? To be honest, i have no clue on how to set up, either as a LTD company in the UK or abroad or work under an Umbrella company?? This is all new stuff to me and was wondering if anyone can advise me on what these entities are and mean and which would be most beneficial to me with regards to tax and the rest???
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