You may prefer to start your business as a sole trader, or a partnership . The main advantage of this approach is that there is no requirement to file an annual return and accounts with the Companies Registration Office. However there is no limited liability status attached to a business name. In addition, no protection of a business name is given, so another individual, partnership or company may possibly use your business name or one very similar to it.
We strongly advise you to take independent legal and financial advice on which direction is best suited to your individual needs. If you have any questions in this regard please contact us.
You are required by law to register a business name with the Companies Registration Office, if you, or a partnership of which you are a member, wishes to trade under any name other than your own true name(s).
The same rule applies limited companies who wish to trade under a name that differs fro m their name as registered with the Companies Registration Office.
We will be pleased to arrange the registration of your business name.