How To Register Business Name As Sole Trader

It s an offence to carry on business under an unregistered business name unless you trade under your own name such as mary jones.

How to register business name as sole trader. Checked your business name is available. There are many benefits of being your own boss including greater control over your work life balance. Sole traders must complete a brf1 form commonly called the super form which can be obtained at the coj or downloaded from its website. All partners need to send their own tax returns as individuals. Once you have determined that your name is available to use and complies with all the rules the next step is to register as a sole trader.

As a sole trader you must include your name and business name if you have one on official paperwork for example invoices and letters. You don t need to register your name. Before you register make sure you have. To register a business the following is needed to be completed. Setting out in business on your own might feel daunting but take comfort from the fact that you re in good company there are now almost five million self employed workers in the uk accounting for 15 of the total workforce.

The stress free guide to registering as a sole trader. Identified your business structure. You can trade under your own name or you can choose another name for your business. If you want to trade your business under a specific name you need to register it as a business name with the australian securities investments commission asic. When filling out official paperwork for a partnership it s important to include all the partners names.

Partnerships must complete a brf1 form. To register as a partner fill out form sa401. You will need to visit the official gov uk website and register for self assessment. An australian business number abn or ready to apply for one. The process is relatively easy to follow though some questions might arise which requires professional assistance.

Register as a sole trader. A registration fee of j 2 500 must accompany the form. You can register your partnership online or alternatively you can print sa400 and fill in by hand. Register your business name. There are different rules for business partnerships and limited companies see naming your partnership and naming your limited company.