{"id":213814,"date":"2012-05-26T12:30:00","date_gmt":"2012-05-26T11:30:00","guid":{"rendered":"https:\/\/www.pearlaccountants.com\/?p=213814"},"modified":"2023-02-20T12:25:15","modified_gmt":"2023-02-20T12:25:15","slug":"how-to-change-from-a-sole-trader-to-a-limited-company","status":"publish","type":"post","link":"https:\/\/www.pearlaccountants.com\/blogs\/how-to-change-from-a-sole-trader-to-a-limited-company\/","title":{"rendered":"How to Change from a Sole Trader to a Limited Company"},"content":{"rendered":"\r\n

It\u2019s common for many business owners, to begin trading as a sole trader<\/a> rather than a limited company. Sometimes, working as a sole trader suits the business model of your new start-up. So, being a limited company never really crossed your mind. <\/p>\r\n\r\n\r\n\r\n

Generally, for\r\nbusinesspeople who are looking to make this transition, it\u2019s because they are\r\nready to expand. Regardless, of the \u201cwhys,\u201d you\u2019ve probably found this article\r\nbecause moving from a sole trader<\/a> to a limited company is a viable option. <\/p>\r\n\r\n\r\n\r\n

The main\r\ncomplexity concerning this transition is the legal side \u2013 but don\u2019t worry we\u2019ll\r\nexplain this in more detail. This article aims to help business people who are\r\nthinking about or are ready to move from a sole trader to a limited company. <\/p>\r\n\r\n\r\n\r\n

Since there\u2019s a\r\nlot of business and legal jargon, we\u2019ve tried to simplify this process as much\r\nas possible. We\u2019re also going to look at some of the pros and cons of this\r\nbusiness transition. Besides the important aspects and process involved in this\r\nprocess. <\/p>\r\n\r\n\r\n\r\n

Although\r\nchanging from a sole trader to a limited company seems complicated at first\r\nglance. If you have the right support, business model and guidance, it\u2019s quite\r\nsimple. Let\u2019s start by looking at the differences. <\/p>\r\n\r\n\r\n\r\n

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