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If your small business name is different to your individual name, you’ll have to register it. Choosing a structure for your small business affects your tax, paperwork and finances, so it is important you get it proper. The choices you make early on can have an effect on many areas of your small business, together with the licences you need, how a lot tax you pay and the volume of paperwork required. Setting up your personal business is thrilling, however can be difficult if you’re not prepared.
The proprietor is personally taxed on all income from the business. Other businesses destroyed included a smoke shop and the Kabul Star Restaurant. But both owners say they hope to rebuild and continue serving their community. Has been regularly reporting on worldwide trade, diplomacy and foreign coverage, for the previous 6 years.