Choosing a 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.
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.
Recognising this, combining the flexibility offered by companies and partnerships with the wide variety of asset management and asset protection structures will allow you to achieve a number of objectives, including profit extraction, tax efficiency, business succession and limiting your personal financial risks.
Our experience will help you select which business structure is right for you and your business. We can then assist you with all matters relating to the establishment, administration and management of your business structure.