You have a choice of different business structures for your new venture and choosing the right one for you is fundamental to the future growth and successful operation of your business as it will affect things like who makes the management decisions, the tax you pay, the types of records you need to keep, how you raise money and your personal financial liability. The most popular legal structures are:
Therefore you must make sure you register under the right structure. If you get it wrong it could be an expensive and complicated mistake to rectify. If you are in any doubt as to which is the best legal structure for your business speak to a member of our Corporate and Commercial team for advice.