Business Structuring Advice | Choose the Right Legal Structure for Your Business

Business Structuring Advice: Choosing the Right Structure for Your Business

When starting or reviewing a business venture, selecting the right business structure is critical. There is an almost limitless number of possibilities to consider, ranging from sole traders and general partnerships to more complex company structure types such as Limited Liability Partnerships (LLPs), corporate structures, and groups of companies.

Each option has distinct tax, legal, and operational implications. Our business structuring advice helps you identify the most suitable legal form of business based on your current circumstances and future goals.

Key Questions When Deciding How to Structure a Business

To narrow down the most appropriate business structure types, we start by asking a few essential questions:

How many individuals will be running the business?
Will the business employ staff — and in how many locations or jurisdictions worldwide?
Will the business operate as one entity or be divided into separate profit centres?
What is the business’s risk profile, and how important is limiting liability for the owners?
Is major capital expenditure expected on property or equipment?
Will the business seek external investment and require tax efficient business structures to attract investors?
Are there plans for growth, an exit strategy, or a potential sale?
Will profits be extracted by the owners or re-invested into the company?
Are initial losses anticipated?
Will the business create valuable goodwill or invest in Research and Development (R&D)?

Structuring Existing Businesses

Many businesses evolve over time through growth or acquisition, resulting in outdated or inefficient structures. This can lead to higher taxes and unnecessary complexity.

Whether you're starting a business or restructuring an existing one, our team can provide tailored guidance on the different types of business ownership and legal structures available. We help you assess whether your current setup aligns with your goals — and if not, how to improve it.

Why Choose a Tax Efficient Business Structure?

Choosing the right structure isn’t just about compliance — it's about long-term success. The right legal structure can:

Reduce your tax burden
Protect the personal assets of business owners
Enhance operational efficiency
Provide flexibility for future growth or sale
Make your business more attractive to investors

Expert Help with Business Structuring

Understanding the different types of corporate structures and how they affect your business can be complex — but you don’t have to figure it out alone. Our expert team offers clear, strategic advice to help you select, change, or streamline your company structure to maximise efficiency, protect liability, and achieve your business objectives.

If you need help with any other areas of business tax, please visit out Business Support Services page.

📞 Contact us today for personalised business structuring advice that fits your needs.