Can I start a company with just one person?
- Yes. A company can be established with just one person.
- A company needs one director and one shareholder and the same person can fill both of these roles.
- If you find yourself in this situation it may be worth considering whether operating as a sole trader could meet your long term business needs as a more simple business structure however a sole trader can be sued for any assets in his or her own name including your home or car.
Read some more FAQS from our Company section