Business Law Sole Traders Whether you’ve struck out alone or teamed up with colleagues we can provide all the support you need to enable your business to flourish. We offer everything you will require from self-assessment to full accounts. Partnerships & Joint Ventures When two or more people come together for a common business venture, they are essentially faced with a choice between four legal entities to structure their relationship of proceeding: Incorporation (Ltd/ PLC), forming a limited liability partnership (LLP), a traditional partnership or a joint venture. Different considerations determine which legal framework is appropriate to any given situation. Those who are interested in a relationship for the duration of a specific project will choose a joint venture arrangement. A joint venture agreement looks quite different from that made for a partnership, and each has their own tax and legal implications. If you are considering forming a partnership or taking part in a joint venture, get in touch with us. |