How To Register Business Name For Sole Trader

You want a name that is catchy and original sets you apart from the crowd is memorable available to use and encapsulates your brand identity or proposition.

How to register business name for sole trader. Registering only as a business name company name or domain name doesn t give you the same type of exclusive rights tax requirements sole traders declare their business income or loss as part of their personal income tax return and are taxed at the same rate as an individual. Choose a sole trader business name that is memorable. However sole trader. Sole traders must complete a brf1 form commonly called the super form which can be obtained at the coj or downloaded. However making sure you follow the right path to sole trader registration is very important.

There are different rules for business partnerships and limited companies see naming your partnership and naming your limited company. Registering your sole trader business. It s possible to trade under your own name or to choose an alternative name for your sole trader business. In business there are many reasons why you might choose to set up 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.

Instead you should register with hmrc to let them know they should expect an annual self assessment tax return from you. You are currently viewing. She is happy to operate her business as a sole trader under her legal name. You can trade under your own name or you can choose another name for your business. Examples of when you don t need to register a business name.

Chris nguyen and josh bright have a building business together operating as a partnership. A business name helps your customers to make an emotional connection to your business and brand. Your business name identifies you to your customers and allows you to differentiate yourself from your competitors. You don t need to register your name. If that s the case then you don t need to register with companies house.

Individuals or firms offering services from an established address in a name other than the individual s own name or the name of all the partners in the firm. If you haven t decided on a business name yet read our tips on how to. A business name is the name your business operates under. The benefits of sole trader registration how to register as a sole trader choosing a business name the. Charlotte nand owns an accounting business and operates as a sole trader.