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Company and Limited Liability Partnership Formation
We regularly incorporate private companies. This provides a way of limiting your liabilities. However there are other ways to do this even if you are a partnership.
Partnerships
If you don’t have a partnership deed did you know that your relationship with your partners will be governed by laws that were created in 1890? These provide for an instant dissolution of a partnership the moment one partner notifies the others. Your assets then have to be divided equally. In today’s world it is unlikely that this would reflect your intentions for the business. Better to leave those Victorian laws behind and ask us to advise you on what reflects your best interests now.
For some time it has been possible to set up partnerships where liability is limited to your capital accounts only. If created correctly the taxman will still regard you as a partnership but from a liability point of view your financial responsibilities are limited.
Our expertise includes:
- setting up Limited Liability Partnerships
- other partnership deeds
- binding contracts
- dissolving partnerships
- disagreement between parties
- indemnity agreements
Companies
So you need help to incorporate a limited company? We will take you through this step by step explaining what you need to take into consideration and then assisting you with the registration process at Companies House. Once your company has been set up we can help you with:
- Shareholders Agreements
- Option Agreements
- Joint Venture Agreements
- Directors Code of Conduct