AS THE BUSINESS comes into being, so does a duty to register the company as a trading entity. There’s also the company assets to consider (brand/name/idea) and how to protect them.
When you set up in business there is one key organisation to contact and inform: HM Revenue & Customs (HMRC). You may also need to register with Companies House. You can get help to do this from Companies Made Simple (www.companiesmadesimple.com), an award-winning company formation agent.
However, before contacting either HMRC or Companies House, have a think about the company status that suits you best. There are a number of options:
As it sounds, self-employed ...