Setting up in business

Selecting the right legal framework for your business is a critical decision. It can have implications for your exposure to claims, your tax treatment and your ability to raise finance.

We can advise on all types of business structures including:

• Limited Liability Companies
• Limited Liability Partnerships
• Traditional Partnerships
• Sole Trader status

Going Limited

As well as helping with the formation of a limited company we can also prepare Shareholders’ Agreements which set out the relative responsibilities of all shareholders involved in the company.

Partnerships

A partnership agreement gives the individuals in a partnership certainty and peace of mind – basically everyone knows where they stand.

Without a partnership agreement it can often be very difficult to determine precisely what each partner is, and is not, allowed to do.

We have experience of advising on the creation of partnerships and the fundamental issues that need to be agreed upon.

Of course partnerships don’t always work out, and so inevitably we also have a wealth of experience in dealing with the break up of partnerships too.