✅ Start Your Business Fast as a Sole Trader
Becoming a sole trader is the quickest and simplest way to start doing business legally in the UK. Whether you're a freelancer, consultant, or tradesperson, YUDEY will guide you through the process of registering as a sole trader and staying fully compliant with HMRC.
📌 Who Is a Sole Trader?
A sole trader is a self-employed individual who runs a business as a single person. You keep all the profits after tax, manage the business independently, and are personally responsible for any debts.
Ideal for freelancers, online sellers, delivery drivers, builders, IT specialists, and small-scale entrepreneurs.
✅ Benefits of Registering as a Sole Trader
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✔️ No company formation required
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✔️ Simple HMRC registration — usually within 24 hours
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✔️ Full control over business decisions
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✔️ Minimal accounting and admin requirements
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✔️ Keep 100% of profits after tax
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✔️ Ability to deduct business expenses from income
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✔️ Ideal first step before forming a Limited Company
🧾 What’s Required to Register as a Sole Trader
Requirement | Details |
---|---|
Unique business name | Optional (can use your own name) |
UK address | Required for registration |
National Insurance number | Required |
Self Assessment setup | Mandatory via HMRC |
VAT registration | Optional (mandatory if turnover > £90,000) |
🔧 Our Sole Trader Setup Package Includes
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Registration for Self Assessment with HMRC
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Assistance choosing a business name (if applicable)
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VAT registration (if needed)
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Help opening a business bank account
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Legal advice on contracts, taxes, and invoicing
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Optional bookkeeping or accountant referral
🌍 Can Non-UK Residents Register as Sole Traders?
Generally, you must be a UK resident to register as a sole trader. However, we offer alternative business setup options for non-residents, such as forming a UK Limited Company. Contact us for tailored advice.
⚖️ Why Register with YUDEY?
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Expert guidance through UK tax and legal systems
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Fast and accurate registration with HMRC
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Clear advice in English, Ukrainian, and Polish
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Ideal for first-time entrepreneurs and side hustlers
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Ongoing legal support and tax assistance available
📞 Start Your Sole Trader Journey Today
Get your business off the ground quickly and legally.
Contact YUDEY for a free consultation and sole trader registration support.
Leave an application
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