In the UK the way to avoid scrutiny as much as possible is to become a partnersh... | Hacker News

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arethuza on Feb 1, 2011 | parent | context | favorite | on: How IKEA is structured to minimize tax and maximiz...

In the UK the way to avoid scrutiny as much as possible is to become a partnership (not an LLP though) - you don't have to report very much but you do have the rather scary joint and several liability.

jacques_chester on Feb 1, 2011 [–]

We have partnerships here in Australia too, so too the USA I believe. Same scary joint-and-several thing.

Some partnerships go one step further and become Swiss "vereins". Sort of somewhere between an unincorporated association and a legal partnership.

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