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Individuals or firms offering services from an established address in a name other than the individual s own name or the name of all the partners in the firm.
How to register business name for sole trader. Your business name identifies you to your customers and allows you to differentiate yourself from your competitors. To register a business the following is needed to be completed. Instead you should register with hmrc to let them know they should expect an annual self assessment tax return from you. If you haven t decided on a business name yet read our tips on how to. You are currently viewing.
You can trade under your own name or you can choose another name for your business. Charlotte nand owns an accounting business and operates as a sole trader. Check the rules for sole trader business names you can register a trade mark if you want to stop people from trading under your business name. Registering only as a business name company name or domain name doesn t give you the same type of exclusive rights tax requirements sole traders declare their business income or loss as part of their personal income tax return and are taxed at the same rate as an individual. The benefits of sole trader registration how to register as a sole trader choosing a business name the.
However sole trader. You don t need to register your name. It s possible to trade under your own name or to choose an alternative name for your sole trader business. In this article we ll cover the key points of how to register your business as a sole trader including. There are different rules for business partnerships and limited companies see naming your partnership and naming your limited company.
Registering your sole trader business. In business there are many reasons why you might choose to set up as a sole trader. Chris nguyen and josh bright have a building business together operating as a partnership. Apply to register a trade mark. However making sure you follow the right path to sole trader registration is very important.
A business name is the name your business operates under. Examples of when you don t need to register a business name. If that s the case then you don t need to register with companies house. She is happy to operate her business as a sole trader under her legal name. A business name helps your customers to make an emotional connection to your business and brand.
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