If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

comparison website

Speculator · 2011-10-26 08:00:14

Hello i'm planning on launching a website. What type of company formation would you recommend for this type of business? Private limited or sole trader?

Options

26-10-2011 9:00am

#1

Speculator

Registered Users Posts: 300 ✭✭

Join Date: January 2010

Posts: 239

Hello

i'm planning on launching a website. What type of company formation would you recommend for this type of business? Private limited or sole trader?

0

Comments

Options
#2 27-10-2011 4:15pm
DomPedroII

Registered Users Posts: 11 ✭

Join Date: February 2011

Posts: 9

Hey Speculator,

There's a decent article on it here: http://www.startups.ie/blog/index.php/sole-trader-vs-limited-company/

If you just want to try something out, you're probably better off going as a sole trader. Once you start making bigger revenues and investments the limited liability company becomes worth the additional paperwork.

Hope that's helpful.

0