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Are you legally required to have a business bank account as a sole trader?

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  • 07-10-2016 6:56pm
    #1
    Registered Users Posts: 11,192 ✭✭✭✭


    Hey guys.
    Just wondering this. I know that if you have a llc you have to but just wondering if you're a sole trader do you have to?

    Thanks.


Comments

  • Registered Users Posts: 18,570 ✭✭✭✭_Brian


    No


  • Registered Users Posts: 7,739 ✭✭✭mneylon


    You aren't required to. The key thing would be keeping good records of your business activities.


  • Registered Users Posts: 11,192 ✭✭✭✭B.A._Baracus


    sorry for the belated thanks but thanks :D


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