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Company type

what is the meaning of advanced.? Company is in the business of transportation.

1 Comment

T
Tim Fouracre Staff 12 Feb 2026 at 07:23
For a transportation business like Angel Transport Ltd, you should select Trading Company. This is the correct option for any company that earns income from providing services or selling goods.

The "Advanced" option is only needed for companies with multiple types of income — for example, a company that has both trading income and rental property income and investment income (dividends, capital gains). Most companies don't need this.