Becoming a sole trader

by antis
1 replies
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Is it possible to open a sole trader business in for example UK, US and etc. if I am from other country?
  • Profile picture of the author Alexa Smith
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    I don't know about the US, but in the UK, at least, the term "sole trader" refers to a self-employed person doing business without being registered as a limited liability company. I may be wrong, but I don't think you can "be that" without being both resident and domiciled here (and those are two different things), for tax purposes.

    There are many countries in which one can form "registered business entities" of various kinds (mostly "companies", I think) without being resident in the country, but I think this is really a complicated question for a specialist accountant or lawyer, rather than one for "quick forum opinions".

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