To put your business
on a proper footing
with HM Revenue &
Customs and other
authorities, you
need to make sure
that you choose
right legal
structure for your
business. It's worth
thinking carefully
about which
structure best suits
the way that you do
business, as this
will affect: the tax
and National
Insurance that you
pay, the records and
accounts that you
have to keep, your
financial liability
if the business runs
into trouble, the
ways your business
can raise money, the
way management
decisions are made
about the business.
There are several
structures to choose
from, depending on
your situation.
Please read
carefully our
guidance, in order
to make right
business decision.
If you are not sure
which legal
structure would best
suit your business,
it's a good idea to
get advice from us.
