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    Default Company structure for an import business

    Hi,

    I am based in the UK and in the process of starting a business on my own importing clothes from India.

    I am initially going to work with my family export business which is already set up in India but of which I have not been a part of in the past. I am expecting a few samples from the family business in India to come in in the next week. I am planning to market the samples in the UK and this will help me understand if there is any potential for this business.

    My question is, what company structure should I choose to set myself up? Would a sole trader be the way to go? Is working as an agent for the family business an option? - in which case do I still need to set up as a sole trader or would I be an employee of the family business ? What, if any, are the major differences?

    I appreciate any advice,

    Thank you much.

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    If you have a family business, I would suggest speaking to their accountant first and foremost.
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  3. #3
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    Indizine,

    Thanks for your input. We don't have an accountant as it's a fairly small business and eventually I will probably start working with other exporters/suppliers as well.

    Look forward to any advice,

    Thank you.

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