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bluap84

macrumors 6502
Original poster
Feb 12, 2011
324
0
UK
who is an independant design? Someone who runs their own business?

I have just completed some work for a drinks company, just their standard desktop which will be rolled out across europe and south africa. I originally done it as a favor. But they said they would pay me.

how ever...they said id have to set up my own company etc etc...Just wondering if any of you guys have done the same thing? And have any suggestions about what to call myself? etc etc
 
they said id have to set up my own company etc etc...Just wondering if any of you guys have done the same thing? And have any suggestions about what to call myself? etc etc

Did they give you any reason why they won't be able to pay you/do business with you if you are not a company?
 
Did they give you any reason why they won't be able to pay you/do business with you if you are not a company?

nope. i think its just for their paper trail and tax reasons :S
theyre a pretty BIG drinks company
 
Nothing stops them from trading with you as a free-lancer… and as far as HMRC is concerned as long as you pay your taxes…

Nonetheless, I've also encountered companies whose explicit policy is to only deal with other companies, not private individuals or sole traders.

It's a daft restriction, but it's also trivially easy to set up a limited company -- the small business advisor at your local bank will probably be able to help you with it if doing it yourself through Companies House seems a bit daunting. There are definite benefits over sole trader/self-employed, not least being the fact that no-one can come after your house in settlement of trade debts!

You should absolutely look into it more…

Cheers!

Jim
 
Nonetheless, I've also encountered companies whose explicit policy is to only deal with other companies, not private individuals or sole traders.

It's a daft restriction, but it's also trivially easy to set up a limited company -- the small business advisor at your local bank will probably be able to help you with it if doing it yourself through Companies House seems a bit daunting. There are definite benefits over sole trader/self-employed, not least being the fact that no-one can come after your house in settlement of trade debts!
Oh, I agree that setting up a limited company is easy. (Doing it via Companies House is relatively straightforward. As far as talking to your local bank is concerned, that all depends on your local bank. Some are not as good as others.)
It is the floods of paperwork afterwards that is the problem. ;) :p
And does the OP intend to make a career of this? Then fine go ahead. But if this is a one off… well…

Way back when in the Stone Age when I started out, I never came across any company who wasn't willing to deal with me. If not they may have been dealing in bad faith from the start.
 
Oh, I agree that setting up a limited company is easy. (Doing it via Companies House is relatively straightforward. As far as talking to your local bank is concerned, that all depends on your local bank. Some are not as good as others.)
It is the floods of paperwork afterwards that is the problem. ;) :p
And does the OP intend to make a career of this? Then fine go ahead. But if this is a one off… well…

Way back when in the Stone Age when I started out, I never came across any company who wasn't willing to deal with me. If not they may have been dealing in bad faith from the start.

Hmm i dont intended to make a full time career from it, i dont think my skills warrent at present. How ever i would give anything to jack in my IT job and do something creative, so who knows what the future holds.

Ill look into creating a ltd company. I have come up with the name

pablished so far as my initials are pab and its a play on published. could work lol :p
 
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