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Subject:
Limited Company trading
Category: Business and Money > Small Businesses Asked by: dogsbollocks-ga List Price: $10.00 |
Posted:
13 Dec 2005 13:51 PST
Expires: 12 Jan 2006 13:51 PST Question ID: 605440 |
I am a sole trader who is about to incorporate a company. My business cards still have my personal name, although I plan to migrate all my trading activities through the newly formed limited company. Can it be argued that I am still trading as a sole trader because my business cards are the same ? In other words, what is the "cut off" point between the business trading as a ST or through a Limited Company ? |
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There is no answer at this time. |
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Subject:
Re: Limited Company trading
From: knickers-ga on 16 Dec 2005 07:35 PST |
I think you will find its the date of incorporation. As from that date you become a director of the company and you are therefore acting as the company not the individual any more regardless of what it says on your card. However, as an incorporated company you must make it clear to your clients that you are incorporated so you could be decieving them by using old cards as you now have limited liability under incorporation. |
Subject:
Re: Limited Company trading
From: knickers-ga on 16 Dec 2005 07:36 PST |
Check out a book called running a limited company from Jordan.com its very good and simple for people like me! |
Subject:
Re: Limited Company trading
From: knickers-ga on 16 Dec 2005 07:36 PST |
Actually I thinks its jordans.com |
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