Transferring from a sole trader business to a limited company

Hurling99

Registered User
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Hi, I have only done a small amount of research on this matter so far... any advice that jumps to mind is very welcome!

I have been providing a professional consultancy service as a sole trader for a number of years and I am planning to convert from a sole trader to a limited company. The consultancy is based on providing advice on quality compliance (FDA etc) in Biomed and Pharma industries. Is there a different Corporate tax rate for a consultancy service?.

Are there any issues or watch-outs that I should consider?

Are there any changes to my professional indemnity insurance terms?
 
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