Business Structures
Choosing the right financial and legal structure for your business presents the entrepreneur with a wide number of options. These range from trading in your own name to using a limited company, a business partnership, or a limited liability partnership. Our experience and expertise will help you select which business structure is right for you and your business.
Strategic advice for the short and long term
Each type of business structure has its own benefits and responsibilities and will also determine the taxes you will pay and how you can personally take out the profits made by your business. There are also considerations around protecting you from personal liability and making publicly available information relating to your business. The decisions you make at the outset about how to structure your business, can have implications for many years to come both as to tax and also in respect of a future sale of the business and your exit strategy.
Our business structure advice provides the insights you need to make informed decisions at the outset. The right structure will of course depend on your unique circumstances and goals, but often, by combining the flexibility offered by companies and partnerships with the wide variety of asset management and asset protection structures it will allow you to achieve a number of objectives, including profit extraction, tax efficiency, business succession and limiting your personal financial risks.
We can then assist you with all matters relating to the establishment, administration and management of your business structure.
If you would like business structure advice, please get in touch to speak to a member of our team.