A sole trader is the simplest form of business structure - in which one individual runs and owns the entire business. This business structure is especially popular amongst those going into business on their own for the first time. It is relatively easy and inexpensive to register.
The advantages of a sole trader:
The disadvantages of a sole trader:
Important Notice: This post does not constitute legal advice. Always consult with an attorney on any legal problem or issue. This website is managed by AURORA Chambers; a law practice in Trinidad and Tobago. Click HERE to receive updates straight to your inbox by subscribing to our newsletter.
2 Comments
23/4/2023 11:49:21 pm
Nice guide and tips that business can refer through. Thanks for it.
Reply
Nicole Maikoo
20/11/2023 12:20:04 pm
Great article.
Reply
Leave a Reply. |
Categories
All
Archives
November 2024
|