ADS advices

Key Characteristics:

1. Single Owner: A Sole Trader in Ireland is a business structure where one person owns and manages the business. The sole trader receives all profits but is also responsible for all costs, debts, and liabilities.

1. Private Company Limited by Shares (LTD Company)

   — A private limited liability company.
   • Key characteristics: Shareholders are only responsible for the amount they invested in shares.
   • Best for: Suitable for small and medium-sized businesses where shareholders want to protect their personal assets from business risks.