What is the difference between a sole trader and a company?
How do sole traders and companies differ in terms of legal structure and obligations?
Category: Startup & Business
Location: Indiana
Location: Indiana
Answers
A sole trader is an individual running a business, while a company is a separate legal entity owned by shareholders.
6 months ago
Sole traders have unlimited liability, whereas companies provide limited liability protection to their owners.
6 months ago
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