Pros and cons of conversion from sole trader to company

Financial advice for farmers

If changing from sole trader to company, get professional advice on  the likely long term benefits, and how to minimise  any pitfalls at the point of incorporation and in the longer term. Picture: iStock

Company incorporations by farmers continue at pace.

Figures from the Department of Agriculture show that over 2,500 Irish companies were beneficiaries under the EU’s Common Agricultural Policy (CAP) for funding in 2019.