QUOTE(Think Systems @ Apr 18 2006, 11:50 AM)

I didnt say it was illegal, I just said to be careful.
Mainly because it could be seen as being dishonest to your clients, something which I personally dislike, I am registered self-emplyed (sole trader) and I wouldnt refer to myself as a company until I register as a limited company. There also are some issues relating to domain names - if you claim to be a company when ordering a domain I believe (just from my research)
If you want to refer to yourself as a company then that is fine - just I personally prefer the honest approach. I would also be interested to know how a LTD company, is not a company, HRMC seem to think differently. Also, if you claim to be a company on legal documents - you may find yourself in trouble.
Any way back to terms and conditions. I remembered some more from my meeting last week (was rather sleepy when I posted)
Aside from the privacy policy I mentioned (which is really really important) if you are selling things online that can be bought (i.e. autofocus) you would need seperate terms and conditions - I'm not 100% sure on what they entail, as I am awaiting an email from the lawyer to provide more information. Ill add more information on that when I get it.
If you are a sole trader and you open up a bank account you will see it says on your cheques 'Name trading as Company Name', therefore you are entitled to call yourself by your company name. As for lying about it, I don't think a client really minds if you are a sole trader or an LTD, it doesn't make much difference to them.
QUOTE(Rikki @ Apr 18 2006, 11:58 AM)

PLC, LTD and sole traders are completely different. A PLC is a public company that trades on the stock market, an LTD is a private company that only sells shares to those it invites.
The difference between LTD and sole trader is that ltd's have limited liability personally if something goes wrong (hence the name 'limited'), whereas sole traders have unlimited liability. For the sort of stuff you're working with, I would suggest registering yourself as a limited company. That way, if you get sued down the line somewhere, only your company assets are up for grabs, not your own.
Yes thanks Rikki, I have done A Level BS. We were discussing this in one of our classes. Theoretically a true company is one that has it's share available to anyone over the stock market (a PLC). If your company isn't big enough for that then you become a LTD and sell your shares to privately. If you still aren't big enough for that then you become a sole trader, and yes the main difference between an LTD and a Sole Trader is the limited liability.
For me the cost and the extras aren't worth me becoming an LTD at the time being. I don't know how expensive it is to become a registered LTD over in England but in Guernsey it is fairly expensive. Plus you terms and conditions can protect you from most of the chances you will get sued and have to owe loads of money (which for me will probably/hopefully be the only time I will ever owe any company), and therefore if you don't owe anything then having unlimited liability won't be a problem.