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Business Structures

When establishing a new business, it can be easy to get caught up in the great products and services your new venture intends to provide. However, choosing the right business structure is essential, as it can help support your ambitions and reduce potential legal issues.

In England, business owners have several options to consider, depending on what best suits their circumstances. For instance, your business entity could be:

  • an unincorporated business, such as a sole trader or partnership; or
  • an incorporated business, such as a private limited company or a limited liability partnership.

Different business structuring offers different benefits. For example, an unincorporated partnership structure may provide low ongoing costs and setup for your business. In contrast, a company structure will separate your company assets from your personal assets, reducing your personal liability and risk.

Regardless, it is prudent to engage expert legal advice to identify which structure will best suit you and your business’ needs.

LegalVision’s expert business lawyers have a wide range of experience helping startups and small businesses choose and implement their business structures. Our commercial and corporate lawyers also take care of all your documentation needs, such as partnership agreements. In addition, we offer price certainty, providing cost transparency and peace of mind.

Let our law firm help you put the best legal structure in place for your business to support your growing needs. Call us today for a quote on 0808 196 8584 or complete the form on this page.

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Our Services

Drafting and Reviewing Documents for Business Set Up

We can draft and review all documents related to the business structuring process, including Buy Sell Agreement, Company Constitution, Employee Share Option Plan, Option Agreement, Partnership Agreement, Share Buy Back Agreement, Shareholders Agreement, Term Sheet, Unitholders Agreement and Vesting Agreement. We can advise on all commercial contracts, from simple privacy policies to high-value IT SaaS agreements.

Structuring a Business

We can assist with incorporating your UK business and setting up a dual and holding company or discretionary trust. Our team can also provide assistance with setting up a sole trader business, Limited Liability company or partnership.

Restructuring or Franchising a Business

As your business grows, you may need to restructure it to take limit your liability or plan more effectively for tax. You may also look to license or franchise your business for growth. Our lawyers can help you restructure or franchise your business for success.

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