Is the sole trader business illegal or legal?

Sole trader is a legal business, but it does not have a legal identity. For example anyone can start a business as a sole trader but the sole trader business is not a registered business according to the law. A sole trader business cannot sue or be sued in the court of law whereas the limited company can sue or be sued in the court of law.


Posted

in

by

Tags:

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *