Sole trader status

Thinking of starting your own business? Setting up as a sole trader could be the simplest and most flexible option to get started. Here's why:

1️⃣ Easy to Set Up

Registering as a sole trader is straightforward and quick. In most cases, you can start trading almost immediately, with minimal paperwork.

2️⃣ Full Control

As a sole trader, you make all the decisions. You control the direction of your business, your strategies, and how you work with clients or customers.

3️⃣ Keep the Profits

All the profits after tax are yours. There are no shareholders or partners to distribute earnings to.