Archive for May, 2007

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Someone got me thinking, which is worth haggling over for having a company entity. Alot of places to incorporate and insert your talent to, but here is the thing that it grinds down too.

United Kingdom

Incorporating a Company in the United Kingdom is easy. You have to decide which Country you wish to incorporate the flag under. There are 3 entity states you can flag it under, England and Wales , Scotland and Ulster (Northern Ireland)

It’s common that companies are registered under the England and Wales flag. They can do business just as where they seem to like it to be. They are denoted by XYZ Company Ltd/Limited or CYR for Private Limited or PLC or CCC for Public Limited Company. The former abbeviation are in WELSH/Cymru. The company needs a company secretary and a director and must be registered to a PHYSICAL ADDRESS and not a postbox. Royal Mail postcodes can easily show that.Companies House, which records the companies are located in CARDIFF,WALES. An Annual Return is required every year without fail.

If your core business is in Scotland, you will need to register the business in SCOTLAND. Scottish companies are denoted by their SC on their registration number. An example will be SC12345678. Normally it also being denoted with XYZ Company (Scotland) Limited. I’m not absolutely sure if GAELIC is allowed in these times.It’s like “BANK OF SCOTLAND” being written as “BANCA ALBA” or something like that. Companies House for Scotland is in Edinburgh. The initial address must be in Scotland.

For Northern Ireland, same thing as Scottish Companies.

These Companies can operate their business in ANYWHERE of the United Kingdom but limited to the Channel Islands of Manx,Jersey,Aldersey and Guernsey. They cannot also place the name as XYZ & Company Inc unlike the US.

If they start employing people or other than the director, they are not just required to register with the HM Revenue and Customs for Corporation Tax but also PAYE or Pay as you earn, collecting National Insurance, Employment Tax,Pensions and Student Loans from the employee. Corporation tax is about 28% as of press (subject to the Chancellor Gordon Brown),whereas Employer’s Contribution for National Insurance (NIC) is 12% and 11% from the employee.

Employment Tax is in the bands of 10%,22% and 40% for income of under £2,000,£29,000 and exceed £29000 with allowances in the Tax Codes (Normally as of now is £5054) otherwise, a tax code of BR meaning Basic Rate of Income Tax at 22% and for non-resident worker or non-identifiable employees, X-Rated or Emergency Tax code of 40% imposed on their earnings. Refunds are made thru End of Year Tax Assessments.

If the Company turnover exceed £52,000 , then they are also required to collect sales tax or Value Added Tax *(VAT) on all sales except those listed. Utilities are rated at 5% and nil for medicines and food (excludes cooked food or takeaways). Fuel is 17.5% added tax on top of all tax imposed.

Setting a company for NON-RESIDENT is about £350, and setting up others, like mail redirection of about £100 plus Royal Mail fees of £62.80 per name, and PAYE and VAT costing much more as you require the person being a legal resident , who is held liable if anything cocks up! That can cost as much as £3000 plus getting you the work permits etc, about £5000!

You must be there to open a UK Company Bank Account.

There are alot of Tax Credits to boost your business. Ask the local Jobcenter and Council for more information. All they want is to help people get to work, thus getting you a better business, locally and globally.

United States

There are many states to choose from. Prices start from $400 onwards plus local fees. Mail redirection and alike cost about another $700 a year plus approx $25 per week in postage for redirecting your company mail. Note that alot of places and businesses like banks etc. Banks and services will still require a PHYSICAL HOME ADDRESS and A PHYSICAL PHONE NUMBER, and that is a hinderance, even when I was there.

Total cost: $5000+ other fees each year which works to about $900.

Don’t be fooled by cheap fees of Delaware and some states. Hidden agenda fees applies. US Banking has the highest service fees, plus checkbooks which they will only ship to the physical address on file.

A Toll-Free Number is best to make business in the US, so that customers think you are somebody especially if the number can spell your business name, like 1800-company etc.

US TAX REGIMES are what I dread most. Even having Quickbooks etc, still makes you stumble here and there. So consider that in your books.

Consider these before you start your affiliate program, as you will need either one for your checks. US Dollar checks can be deposited into the Pounds Sterling Bank Account, but not sterling into Dollar’s. They don’t like the English.

UK Cheques takes about a week to clear, at least, and even with a cheque guarantee card, it can still bounce! Card Processing fees are highest, so might as well use PAYPAL or NOCHEX.

Seems my database went cuckoo again and that those scheduled post did not go as planned. Yes, I did not do a proper backup..so I lost my data somewhere..and it’s going to cost me alot. I will refresh those affiliate program reports that will be useful for your end soon enough.

And yes, coupons for the summer holidays. School holidays are here …so plan ahead.

That is a complex terminology which I have found in the weighting of my Melayu.EU’s Post Mortem, where it dropped from PR5 to PR3. A HUGE DROP! Yikes!

Apparently, the internal links keep ….well to yourself. Even with a Do-follow, it actually causes more damage than ever, leaking your karma away.

One thing I do notice is that Domain Tools stated something about SEO SCORE:

Links

We factor in three types of links: On-domain links, Off-domain links, and No-Follow links. Each type of link is different and gives its own type of optimization to a pages it links to. We have derived our score to assume that the current domain wants to keep as much focused PR as possible so we mark down pages that link outbound more then a certain percent of the time.

On-Domain links: These help PR and generally boast a score because links are flowing back to the domain where the webpage is located and the pages inside the domain are likely to flow back to the original page.

Off-Domain links: They don’t hurt a page but they weaken the domain’s focusing PR power. We encourage people to link to good resources and it will not penalize a page if there are one or two links going off site. However if a page is 100% outbound links then at that point we drop the score a few points.

No-Follow links: We disregard these links and they are neutral. You can learn more about them by searching for “rel=nofollow” on your favorite search engine. We only want to see rel=nofollow links when third parties are adding the links. If you think the resource is quality then websites should not fear linking to it and giving them some PR. It actually shows search engines the site is a quality hub site. Another scenario for use would be if a link was to a third party and it was excessively used. This type of heavy linking to another site bleeds a site and we suggest it be sparingly use it in these cases.

I highlighted the part of OFF-DOMAIN LINKS. So I failed to score a 90% on most of the sites due to my paid post , and I found a tiny trick that my wife keeps on utilising, adding an internal link at all times in each post. That will boost the incoming links and lessen the outgoing leaks.

In essence, for every link you write, you place your OWN INTERNAL LINK at the same time,especially in relation to the post. Keyworded Links are important. A Joomla site will always score higher than a WordPress one due to the internal SEO Engines added with the Standford Whitepaper which PageRank is based on. I will have to research that more myself to engineer the pageranks.

Linkwise, SEO ENGINEERING 101 , the name of this site, scored 95% on the SEO Weighting with a 91% Meta Relevancy Links: 78 (Internal: 48, Outbound: 30)compared to the brother site which had a 90% SEO and 55% Meta Relevancy. (Links:141 (Internal: 74, Outbound: 67))

So , I should stop talking about rubbish and focus on the content itself.Like so, I will have to extradite my contents and split them up….yikes! More work..anyone willing to help??

One, forget to play practical jokes on people. People hate liars and thus who believe liars? Right?

Two, follow by the rules. Forget those super slip shod shortcuts. Sometimes, some black hat SEO will cost you so dearly that you eventually take TWICE the time and money to do something so simple.

Three, Abide by the Laws. Despite the heavy payouts for gaming services like casino, poker, bacarrat, roulette and so forth, they are ILLEGAL for promotion or participation in the United States, and countries OUTSIDE THE LEGAL ENTITY. You will be fined and handed long term jail sentences for that. Gaming acts in the US are strict.

Four, Seperate your accounts. Accounting is to be kept proper as you are required to declare ALL INCOME in ALL COUNTRIES,and despite what people say, income from the web are TAXABLE! So seperate accounts for ‘BUSINESS’ and Pleasure *(ie your daily life) makes things cheaper, as you know which are deductables and which are liable.

Five, Do proper housekeeping. Books, Accounts, Receipts etc. Scan them, Back them up! Do what is needed for all that. Make Extra copies as you require 7 years of records. Computer Files too! If possible, upload all of that onto your webspace, in a directory outside the public domain (public_html or htdocs or www) so you have a secondary mirror. With Hosting nowadays cost about $10 for 200GB, they offer larger space than your hard drive on the laptop!

Remember these five..and keep to it!