When deciding to set up a business, it is important to consider which business structure would suit your circumstances.
The main business structures are:
- Sole Trader
- ‘LLP’ (Limited Liability Partnership)
- Limited company
There are pros and cons to each business structure as well as varying legal responsibilities, tax liabilities and numerous other relevant factors. It is therefore important to judge each business on an individual basis.
With our expertise we can help advise you on the best structure for your business. For more information, please contact us.