Contracting - Considerations for First Timers

You may need to consider your business structure carefully before you start.

This section contains some very useful information if you are contemplating leaving permanent employment to set up a contracting or freelancing business.

You may need to consider your business structure carefully before you start.

Contracting is most commonly used in the following sectors:

  • Information Technology
  • Teaching
  • Building, Construction and Property Development
  • Civil Engineering
  • Entertainers
  • Freelance Consulting

The way you set up your business will affect how you are perceived by your customers, suppliers and employees. You need to make sure that the structure is simple, tax- efficient and portrays the right image.

Listed below is some very useful guidance to address some of your questions:

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