Do I need to be a limited company or a sole trader?

Deciding whether to operate as a limited company or a sole trader depends on various factors, including your business goals, personal preferences, financial considerations, and legal obligations.

Ultimately, the decision to operate as a sole trader or a limited company depends on your individual circumstances, risk tolerance, growth aspirations, and long-term business objectives. It’s essential to carefully weigh the advantages and disadvantages of each structure and consider seeking professional advice from accountants, lawyers, or business advisors to determine the best option for your specific situation.