Should I Register Myself as a Sole Trader or a Limited Company?
July 10, 2023 ⚊ 1 Min read ⚊ Views 54 ⚊ BUSINESS
Deciding to start your own business is an exciting journey filled with numerous important decisions. One of the key choices you need to make is determining the legal structure for your business. Two common options for small businesses are registering as a sole trader or as a limited company. Understanding the differences between these two structures and their implications is crucial for making an informed decision. In this article, we will explore the disparities between sole traders and limited companies, as well as the various factors you should consider when choosing the right legal structure for your new business.
Tags: limited-companies, Sole trader, Tax efficiency
