Sole Trader Question

phl666 | 16:58 Tue 31st Aug 2010 | Business & Finance

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Can one be a registered sole trader, and still be a director of other companies?

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sddsddean

I am a sole trader, but as i understand it (and I may be corrected here!), you can't be a director unless you have a limited company. Once you have a limited company, you are no longer a sole trader even if there is just you! I think thats right, but check it out with an accountant.

buildersmate

I don't think that was the question, SD.
Yes, you can be a sole trader of your own business and also be a director of numerous other limited companies.

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