Businessstructures-whichshouldIuse?

The structure you trade under affects your tax position, your personal liability if things go wrong, the paperwork you're required to file, and how easily you can bring in investors or sell the business later. Sole trader and partnership structures are simpler to set up and run, but leave you personally liable for business debts.

A limited company separates your personal finances from the business and can be more tax-efficient once profits reach a certain level, but comes with statutory filing obligations and less privacy. The right choice depends on your circumstances, growth plans, and appetite for administration — it's worth getting advice before you register anything.