I've recently moved to the UK and plan to form a limited company so that I can seek contract-work.
However I already need to invoice one of my (overseas) clients as I already have a contract with them (which soon ends). The contract references me (as a freelancer rather than a company) so I have assumed that I'll have to initially register as a sole trader (at least for the duration of the contract), invoice my client and pay the relevant self assessment tax / NI contributions before (or besides) forming a limited company.
Is this correct?
And furthermore, is it be possible to register both as a sole trader and as an ltd director or do I have to 'cease' being a sole trader before forming an ltd?