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Comment by robert_foss

2 years ago

Doing the notary/banking/incorporation/tax-agency dance took a while.

But that's only one part of the process. The continuous level of bureaucracy is really high too, and during the years I ran my corporation it never seemed to diminish.

Like what? Notary and bank, sure, that's a requirement. Tax consultabt? Unless you want to do your own accounting you need one, easy enough to send invoices and bank statements once per month. Every company needs accountants to keep the books. I do it once per quarter now for the basically dead UG, it just exists as an empty shell for now.

Regardless of jurisdiction, the bureaucracy will be there. Someone would want you to pay taxes after all.

  • Speaking of paying taxes, that's much harder than it needs to be too. I did my corporate Swedish taxes between sets at the gym (no exaggeration).

    Would reply below, but reached thread max depth.

    That tax advisor I got was really scummy and way over charged in addition to being an ongoing headache to deal with.