0845 225 2635

Sole trader

Many new start-up businesses will set up as a sole trader as it is the simplest and easiest way to set up in business.

For legal advice call us on 0845 225 2635 or ask a question

Sole trader

Many new start-up businesses will set up as a sole trader as it is the simplest and easiest way to set up in business. There is no requirement to pay any registration fees, or annual fees, and all profits are kept by you as an individual.

However, you are personally liable for all debts of the business and before deciding on this structure, please speak to one of our commercial solicitors in our business services team.

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For business law advice call 0845 225 2635

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