Which Ltd is best to start wholesale business model
Hi,
I am an individual which Ltd is best to start a wholesale business model on Amazon? Please let me know if it is necessary to return the Tax filing after registering Ltd.
kind regards,
0 replies
Seller_MT8rt0A2OpbCx
No-one here knows your business. A sole trader works for many, also a partnership. A limited company has slightly less risks for the Directors and shareholders, but requires more administration. Your best bet is to talk to an accountant with your business plan to see which suits you best.
Whatever you do don't rely on social media, YouTube, forums, etc. Everyone seems to think they are expert in all fields on these, but most know very little. If you are knowledgeable enough to sort the good advice from the bad, you don't need advice.
Seller_ZVAz3d5lZuGid
Most people will start off as sole-trader, and then move on and become ltd when the business starts to grow - you maybe need to do a bit of research so that you understand all the implications of being a ltd. company..
