Do you register a company as a full-time freelancer?

At where I'm at, it is better to register as a company to avail of all the tax exemptions offered to small businesses. Me, I've been trying to come up with a business so I could also avail of these exemptions. Unfortunately, I couldn't come up with a business that I could actually do.

It really depends on how much you are planning on doing. Check out the laws in your area to find out whether or not you need to have your own small business to do the work. I do know that one of the benefits of having your own company registered is that you are able to set up a SEP (self-employed pension plan) where you can sock away a lot of the money that you earn which will help you a whole lot when it comes to tax aspects.

I would say YES. You would be looked upon as more professional and it might amp your business up in the long run. Registration of a company is not that hard. You just have to apply for your state and federal ID's or EIN #'s. Now, once the tax departments start sending in your tax credit vouchers that you are suppose to fill out and send back into them it can start to seem confusing. A good accountant can get you on the right track and help explain exactly what you need to do. Also, doing it this way will probably get you more tax breaks. I will say that it is much easier for me to just use my ss# and I file as a small business every year myself. The tax filing software that is available these days are wonderful. It is really up to you and how professionally you want or need to represent yourself.

Yes company has different level of responsibilities and expenses for their office. But if you have bigger projects to handle you could go to start a company and employ some people to handle. But if not then it is enough to do on your own and pay your tax as individual. I am also working as freelancer but I don’t get bigger project as customer prefer to give work to company rather then individual.

I am not quite sure about this. But I think it's better to have a registration so that they can contact u back easier and more convenience to get jobs. But on the other hand, you may need to pay for tax. But it all depends on you. Whether the convenience or the money that affects you.

I have been thinking about the exact the same thing! So this is really a great discussion. I would think that it is indeed better to have a company, but I am not an expert on this or anything. It might be hard work in the beginning but it really has a lot of benefits too.

My answer there is a big big big YES! that you really have to register your company to make it legal. It also reflects that your company is reliable that people can respect it. You may need an accountant but you must have the idea on how your business flows especially the cash flow of course.