Incorporation

You may be considering a change in the legal status of your business either to a limited liability partnership or a limited company. We are experienced in advising and assisting our clients in making this change.

A benefit of incorporation means if remuneration from the business can be structured most tax efficiently, ie largely via dividends (for smaller companies), there are substantial tax and NIC savings to be made.

But incorporation will mean as company accounts need to be publicly filed, incorporation can lead to a loss of privacy for a business.