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Registering a Sole Trader Business

 

Registering as a sole trader is very different from forming a company.

Incorporating a company is creation of a separate business, one which is distinct from both its owners and the persons who run it (the directors).

A sole trader business on the other hand does not require it be registered with Companies House and is deemed to be an extension of the owner, as opposed to being a separate “person”.

Company formation agents, such as Complete Formations do not provide facilities or services for registering a sole trader business.

This is because, in order to do so, all that is required is to inform Revenue and Customs (the UK tax authority) that the person intends to become self employed.

This simple task does not require any specialised knowledge or experience and is usually carried out by the person themselves.

 
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