Due to vastly diminishing client base considering ceasing to trade as (one man) limited company and continuing as sole trader. Can I transfer my MLR name from company to sole trader or do I need to cease registration and reapply as sole trader
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It's complicated
They never make it easy! You have to register a new entity but as long as it is the same business and the same person/people before and after then they will discount the new registration fee by what was left unexpired of the old registration fee
Why is it more economical for you to operate as a sole-trader? Surely all the associated costs of switching will outweigh any benefit?