It really is time the UK stopped behaving like the very worst form of tax haven

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Everything is legal about what this company is offering in an advert that just popped up on the Guardian page I was looking at:

And everything is also so wrong too.

It should not be possible to form a company with no paperwork, but it is.

Limited liability is open to abuse. It should not be available so cheaply.

And there should be checks in place, and a lot of fuss to make sure that they are complied with.

It really is time the UK stopped behaving like the very worst form of regulatory abuse tax haven, and yet that is exactly what it is when it comes to company formation.

When will we get our act together?

When will we stop the abuses that such light-touch regulation permits?