Setting Up A Business In England & Wales

When establishing a business in the England and Wales, there are several distinct “business vehicles” or structures to choose from, each with their own distinct legal, tax and administrative characteristics.

Choosing the right structure for your business at the outset having regard to ownership, future objectives / aspirations and funding needs can help avoid significant hurdles at a later stages.
This guide provides an overview of the four most common business vehicles:
•sole trader
•general partnership
•limited liability partnership (LLPs)
•private limited company.