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Sole trader or company? in

What each costs you in tax, what each costs to run, and the one question that usually decides it: will you keep money in the business?

Partly writtenEdition 1.0Checked 6 November 20262 stepsSark

Sark’s taxes are checked from reporting; how a business trades there is still being researched with the Sark government.

Sark has no income tax: residents pay a personal capital tax and a property tax. And Sark has no companies registry of its own.

2 steps, across the order
  • 2 Before you apply · 100%
Who does them
  • 2 Done for you · 100%
Before you applyDecide and gather: nothing here costs anything yet.
  1. No income tax on SarkDone for you

    Sark has never had an income tax, and none is planned; its residents pay a personal capital tax and a property tax instead, under reform.

  2. No company registry of its ownDone for you

    Sark has historically had no company registration; Guernsey’s regulator has warned about a body using the name “Sark Company Registry”.

Keep going

Words in this journey:Limited company