Re: Starting a businesss ...help

(Panos100m@xxxxxxxxx) gurgled happily, sounding much like they were saying
:

We are three friends thinking of starting a business.

Is going to be a dating website.

Is this going to be a full time thing, or evenings and weekends?

If it's full time, question 1 - Is this really going to bring remotely
close to enough money in to split between three of you? Sure? ABSOLUTELY
convinced?

now we don't really know which is the best way to go ,in respect of
what is going to be the type of the businesses (partnership),LPC but we
are thinking LPC because we don't want the eligibility that a
partnership might bring .

LLP, you mean? Limited Liability Partnership.

We are going to be running the business ourselves at the moment and we
are not going to get a loan for the business.and we were wondering in
practise which one is the better option in respect of how are we going
to get taxed,and also what steps do we need to take in order to start
the business (where to register our name ,and how long does it take
etc)

What legal factors we need to take upon consideration...

Talk to your local BusinessLink. Ask to speak to a business adviser with
experience in starting up an internet-based business. Go on their courses.
NOW. Before you commit yourselves.

Any suggestions about good and affordable lawyers that they specialize
in Internet law ..

There's no such thing as "Internet law"...
.... nor is there such a thing as a "good and affordable lawyer"

We heard that registering the website in another country might result
in lower tax ,how does that work ?

Corporation tax, possibly.
Income tax, no chance.

if this is not possible which business bank account would you recommend
in the U.K ?and why ?

Find a branch of a bank local to you where you get on well with the
business manager when you go and talk to him. Beyond that, all the UK high
street banks are the same. Evil, expensive and incompetent.

Except Barclays.

They're worse. Far, far worse.
They exist solely to make the other banks look wonderful.
.

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