We have experience in all aspects of setting up your new business, whether as a sole trader, partnership or limited company.
We can advise you during what can appear an overwhelming exercise.
We will ensure your Business is set up in the most effective way to safeguard your interests.
This includes setting the business up, advising on your terms of business, sale of goods and services, commercial contracts and e-commerce.
As a Sole Trader you have the right to make all the decisions affecting the business and you will own all the assets of the business.
It is your responsibility to pay income tax on all the profits of the business and you will be responsible for the debts and obligations of the business without limit.
As a Business Partnership you will in the business together as equals in the business.
The partners will divide the profits and losses of the business between them.
We can advise on the advantages and disadvantages such a Business Partnership and prepare a Partnership Agreement that is tailored to your individual needs and the needs of your business venture.
Private Limited Company
The main advantage of a limited company is the limited liability allowed to its members and the subsequent protection provided to shareholders and directors.
We can advise on the advantages and disadvantages of setting up a Private Limited Company and talk you through all the relevant aspects.
If you wish to set up as a new company then we can advise on the following.
Incorporation of your Company
Preparing Articles of Association
Your Director's rights and duties
Your Company's legal requirements
Your Corporate governance
Your Terms and Conditions of Trading
The legal implications of e-commerce