On 10 Feb 2010, at 18:19, Caius Durling wrote: > On 10 Feb 2010, at 17:59, Jon Buys wrote: > >> Thank you all for your responses. My mind is made up, I'm not going to >> worry about incorporating until there is a valid reason to do so. > > > I'll just drop another thanks in here to you all, I'm (almost) in the same > position as Jon and had started to wonder whether a LTD would make sense or > not. (I'm UK based.) :)
The UK is different from the US. I always trade via a Limited company but yes, you can be a sole trader as well. If you want to do some consulting on the side then a Limited company is almost the only route to go due to legislation in the UK. I also like the clear distinction between what's mine and what belong to the business that having a company provides.
