Choosing a right adviser is vitally important when you start your own business.
It is like you choose your doctor and midwife for your new baby. Once you drafted your business plan, it is time you to seek professional advice before you implement the plan.
A business can be run with different structures including sole trader, partnership, company and trust. The selection of the right structure makes easy for you to achieve your business goal regarding asset protection, commercialisation and taxation perspective. Depending on the complexity of your business and your goal, multiple entities involve grouping the structure.
What’s once started ends in the end. Nothing lasts forever, and your business is not an exception. The question is how to close or transfer your business to someone else. Many small businesses simply choose to close or de-register the business structure (e.g. a company) when the owner retires from the business. But it is not always a good idea. Again, getting right advice brings many benefits in terms of complying with the regulations and saving tax.
Our team supports our clients in the areas of:
- Choosing the right business structure
- Drafting business plan and monitoring the implementations
- Providing company setup and corporate secretarial services
- Assisting the company wind up
- Business valuation and succession (transfer)