How To Register A Business Name As A Sole Trader

Before you register make sure you have.

How to register a business name as a sole trader. 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. Once you ve looked at the pros and cons to register as a sole trader you ll have to. Sole traders must complete a brf1 form commonly called the super form which can be obtained at the coj or downloaded from its website. Identified your business structure. If you choose this route you do not need to register your business with companies house.

Instead you simply need to register as self employed with hmrc. Sole traders must register with hm revenue and customs hmrc and follow certain rules on running and naming their business. Partnerships must complete a brf1 form. Register for self assessment. An australian business number abn or ready to apply for one.

Check your proposed business name doesn t infringe on existing trademarks. The stress free guide to registering as a sole trader. When filling out official paperwork for a partnership it s important to include all the partners names. You can trade under your own name or you can choose another name for your business. There are different rules for business partnerships and limited companies see naming your partnership and naming your limited company.

To register as a partner fill out form sa401. If you re a sole trader you run your own business as an individual and you re self employed. To register a business the following is needed to be completed. Registering as an overseas company in the uk. To set up as a sole trader you need to tell hmrc that you pay tax through self assessment.

The first thing would be to notify ird inland revenue department that you ve become a sole trader since you ll be using your ird number for paying income tax and goods and services tax for this you will also need registration. You can apply for a business name and other key business registrations through the business registration service. Sole traders register for gst for earning over nz 60000 a year. 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. You ll need to file a tax return every year.