1. Overview

Business structures in the UK

When you start a business in the UK you must choose a structure for your business.

Most businesses in the UK are:

  • sole traders
  • limited companies
  • partnerships

You must register as ‘self-employed’ if you’re a sole trader - this means that you’re working for yourself, not for someone else.

Usually, if you carry on a business in the UK you’ll need to live in the UK.

A private limited company needs a registered office in the UK, but the directors of the company don’t have to live in the UK.