Recent content by kp14

  1. K

    Age requirements for renting business property

    Hi everyone. I'm 16 and my business has scaled quite well and I'm looking to rent a office/single floor property to operate from. Does anyone know the laws around this? After a google search I see that a 16 year old cannot rent property directly, but if I do it through a LTD company is this any...
  2. K

    Can an adult open a business bank in their name for a minor?

    Hi everyone. I'm back and 16 now! I "gave" my company to my uncle and he hired me as an accountant and social page manager 😉 When I turned 16 i applied for a sole trader account with Starling as they had 16+ on the page, but i was declined. Now, I would like to start again completely so I'm...
  3. K

    Can an adult open a business bank in their name for a minor?

    To let anyone interested know: Me and my father got in contact with SumUp Business Banking. We are opening an account under my company name with his information which he controls completely, he will manage the online stores and reselling, and we came to an agreement that 20% profit goes to him...
  4. K

    Can an adult open a business bank in their name for a minor?

    Hi. I am 15 and I’ve been running an e-commerce/dropshipping business alongside a reselling business, but been paying all finances into my own personal bank. Recently Halifax have caught on, and closed my account due to it being a personal account having business expenses paid in. I have no...
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