Accountancy firm and partnerships: When is it worth setting up a company instead of a sole trader?
Deciding on the form of business is a key step for every entrepreneur. In Poland, the most popular forms are sole proprietorship (JDG) and limited liability company (sp. z o.o.). Each of them has its advantages and disadvantages, and the choice depends on the specifics of the company, the level of risk, the type of activity and the individual needs of the entrepreneur. Therefore, when is it worth considering setting up a [...]
How do you set up a sole trader?
There are many reasons to consider setting up a sole trader (often referred to as a JDG for short). Some of the advantages of this solution include simplicity in terms of paperwork, minimised bureaucracy and tax advantages. We explain how to set up a sole trader and for whom it is the most cost-effective solution. What is a sole trader? A sole trader is a [...]
