Hi all!
I have switched to permanent employment early this year and have since liquidated my Ltd company for contracting.
I now want to start a mobile development business where I sell apps on the Google Play and App Store. I was thinking of creating a Ltd company for this. Will this qualify as "phoenixing" as they are from a similar industry (software development)?
I honestly just want to sell apps and get a side income from that and would not be working as a contractor under this new Ltd company.
Thanks!
I have switched to permanent employment early this year and have since liquidated my Ltd company for contracting.
I now want to start a mobile development business where I sell apps on the Google Play and App Store. I was thinking of creating a Ltd company for this. Will this qualify as "phoenixing" as they are from a similar industry (software development)?
I honestly just want to sell apps and get a side income from that and would not be working as a contractor under this new Ltd company.
Thanks!
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