-
BMWHaus Contributor
RE: New business setup
Assuming its a small business, the first decision you should make is whether you want to be a Sole Trader or a LTD company.
A Sole Trader will have their personal assets liable if things don't work out and the business owe's money.
A LTD company will only have the business assets liable.
As far as I know a LTD company now only requires one director, this used to be a minimum of two.
The start up procedure is different for both, with the LTD company requiring more effort.
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules