Would you like to know which legal entity may be best for your business?

Limited Company?   Partnership?   Sole Proprietorship?

One of the first major decisions you will have to make as you start your new business is the form of legal entity it will take. To a large degree this decision may be dictated by the way you have organised your operations and whether you intend to work on your own or in conjunction with others.

The form of entity you choose can have a significant impact on the way you are protected under the law and the way you are affected by taxation rules and regulations. There are three basic forms of business organisations. Each has its own benefits and drawbacks and is treated differently for legal and tax purposes.

Use our business structure guide to work out a suitable legal entity for your business. For further information contact Sanders & Shaw.