Saturday November 28, 2020

Start-Ups: Sole traders and partnerships are chosen routes for entrepreneurs

More and more Irish entrepreneurs are setting ups as sole traders and partnerships as opposed to private limited companies.

16th June, 2012
Christine Cullen, managing director, Vision-net.ie: 'More people are setting up as sole traders.' Photo: Maxwells

More and more Irish entrepreneurs are setting ups as sole traders and partnerships as opposed to private limited companies.

To date, 6,016 companies were set up this year, compared to 6,278 set up from January to May last year, according to research carried out by Vision-net.ie.

However, 12,400 sole traders and partnerships were set up from January to May 2012, while 12,045 were set up in the same period in 2011.

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