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Do I need to change my Business type?

New Community Member

Do I need to change my Business type?

Hi,

I'm currently a sole trader but am thinking of going into a partnership.  I would like to keep my current Paypal account.  Do I legally have to change it from a sole trader to partnership? Or is it OK to just add a new user?

Thanks

1 REPLY
Member

Re: Do I need to change my Business type?

I'm thinking you may want to consult a tax professional first before making any decisions.

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