Sole trader to Limi...
 
Notifications
Clear all

Sole trader to Limited Company

3 Posts
3 Users
0 Reactions
762 Views
 Wuyi
(@wuyi)
New Member
Joined: 6 months ago
Posts: 1
Topic starter  

Hello!

ย 

I am currently a self-employed sole trader however I want to move to being a Limited Company. I've been in my Trust Deed for 2 years and want to know if this would be allowed?

ย 

Any help is much appreciated!


   
Quote
(@paulp)
Reputable Member
Joined: 1 year ago
Posts: 25
 

Hi Wuyi,

It's technically possible, but to be a Director of a Limited Company, you need the permission of your Trustee. Some questions to think about in advance of speaking to them, would be to consider Why you're looking to make this change, and What would the implications be for your ability to maintain your contribution.ย 

Good Luck

Paul


   
ReplyQuote
(@poacher)
New Member
Joined: 5 months ago
Posts: 1
 

nice post like it


   
ReplyQuote
Share: