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Brown and Cream Image, Depicting A Typewriter With The Wording 'Business' Typed On Paper. Image Credit: PhotoFunia.com Category Vintage Typewriter.

Comprehensive Guide On Becoming a Partnership or Limited Company

Regardless if you are an able-bodied or disabled person, starting or expanding a business, one of the most important decisions is choosing the right legal structure. In the UK, the most common options are Sole Trader, Partnership, and Limited Company (Director-owned). Each comes with its own legal, financial, and tax obligations. Understanding the differences will help you make an informed choice, avoid pitfalls, and remain compliant with HMRC and Companies House.