Legal Status for your Business - Choosing the Right Add to cart

Product details Document date May 2009 Document type Business Information Factsheet Publisher Cobweb Information Ltd Price £3.99 Product access This is an electronic document in PDF format. You will be sent an e-mail with download instructions shortly after payment. Contents When you start a new business you need to make a decision about its legal status and carefully consider some of the issues involved, including the tax implications. This factsheet looks at the main alternatives, including sole trader, partnership or limited company, as well as some of the other, more recent options available, such as a Limited Liability Partnership (LLP) and Community Interest Company (CIC). It highlights the principal differences, advantages and disadvantages of each type of business legal status. This factsheet will help you to consider the implications of your choice regarding tax, National Insurance (NI), legal liability, raising finance and the accounting records you will have to keep. It also looks at how some of these options fit in with your own personality and the type of business you wish to be associated with. Add to cart

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You may also find the following related reports and guides useful. Sole Trader - A Guide to Setting up a Business as a Partnership - A Guide to Setting up a Business as a Private Limited Company - A Guide to Setting up a Business as a Community Interest Company - A Guide to Setting Up a Tax Self-assessment for the Self-employed - A Guide to Buying a Franchise - An Introduction to

 

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