Quote Originally Posted by nihil
Obviously the rules over here are very different.



It is not just "debt"........................ here, you would want professional liability insurance and public liability insurance. The first is in case you screw up, and the second is in case you drop something on someone's head

Here you would not get work from a corporate unless you had them both.

A common way around the "debt" problem is to set up a limited liability corporation and "employ" yourself............... I guess that would cost around $500 here.

Also, check out any sales tax requirements.
The only difference here in the US is that some companies will hire other companies that don't have sufficient insurance. It is not required to look into the other persons insurance in most cases. The one major difference would be any type of building construction. Most places require workman comp, etc.. type of insurance.

But for technical work, there are plenty of business that run without the proper liability insurance.

I have a friend that is in the hole for around $50k right now. Long story short, he had some expensive equipment that got damaged in his possession. And he didn't have insurance to cover that. His previous customer sued him for the cost of that equipment and won.