Advising Clients on Business Formation - Limited Company, Partnership, or Sole Trader? The Latest Position

Introduction

This webinar will guide you through the key considerations when advising clients on choosing the legal structure for their business operations. It will provide a comprehensive overview of available business structures, including sole traders, traditional partnerships, LLPs, and private limited companies. Additionally, it will cover the essential documents needed for incorporation, with a focus on the identity verification requirements under the Economic Crime and Corporate Transparency Act 2023.

This webinar is ideal for those new to advising clients on business formation.

What You Will Learn

This webinar will cover the following:

• The current business landscape
• The pros and cons of being:
• A sole trader
• A traditional partnership
• An LLP
• A private limited company
• Application of the pros and cons to a case study
• Steps to establish a traditional partnership
• How to incorporate an LLP or private limited company, including required documentation, identity verification methods, and other incorporation considerations such as choosing a business name