Switching from a Paypal premier to Business account

MrD2019
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Contributor

I am considering switching my Paypal Premier account to a Paypal Business account. When I click the link in on the Paypal settings page to do this, I am taken to a page which asks me to confirm my "Legal Business Name" and address details. The page says "please complete the following information about your company". I am a sole trader with no company so how do I fill this in? Do I put the business name which i registered with HMRC when I started my business for "Legal Business Name"? When they say "company", is that Paypal's way of saying "business"? Or do you need to be a company to open a Paypal Business account?

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