Comment by mbeex
2 years ago
> Even becoming an independent contractor is fraught with many of the same hurdles.
It depends, there is no simple entity "independent contractor". If you can run your business as Freiberufler - roughly but not quite a freelancer - you may have found a pretty lightweight framework - even compared to other jurisdictions. Simpler accounting, no need for balance sheets and therefore for a tax advisor in most cases (still recommended). Liability can be largely limited by insurance, depending on the field of business.
I'm doing this for over 20 years and I simply have no need to own any kind of corporation.
Of course, YMMV.
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