If you have a business and trade as either a sole trader or a partnership, an option you may have is to trade as a limited company – i.e. incorporate your business. There are a number of factors which affect the decision, and it’s a subject we’ve looked at before (see here). When a business …
If you are self employed and trade as a sole trader (or a partnership), you may wonder why you should incorporate your business – i.e. transfer your business to a limited company. There obviously has to be some benefit. Well, there is. In broad terms, there are 3 main reasons why businesses choose to trade …