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When you start a business you can do so either as a sole trader, partnership or limited company. Being a sole trader is relatively straightforward to set up, but if your business fails, all your assets could be used to pay your creditors.

The type of structure you choose depends on the kind of business you are carrying on, with whom you will be doing business and your attitude to risk. Much of the process of preparing for self-employment is about starting a business.

This is the same information whether you are a sole trader or a partnership or company.

You can read about the organisations, websites and publications that can help you in our document, Sources of information on starting a business.

If you are a non-EEA national you can find information about starting a business in our document, Coming to set up a business or invest in Ireland.

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