How our corporate solicitors can help with business structures

We are experienced in dealing with all types of business structures and can advise you on the most appropriate one for you, whether you are looking to start up a new business or implement the reorganisation of an existing structure.

There are likely to be many factors which ought to be considered before determining the most suitable one, including the administrative and reporting requirements, whether you wish to have the benefit of limited liability and the tax consequences.

We will provide you with clear, commercial advice regarding the pros and cons of each form of structure. Our corporate law team can also guide you through the process of transitioning from one type of entity into another.

Intragroup reorganisations

It may become necessary or desirable to carry out a reorganisation of your existing business structure. This could be for a number of reasons, including:

• Increasing profitability or efficiency
• Separating different aspects of a business such as trading arms from those companies which will merely hold assets or combining central functions such as accounts or human resources
• As a prerequisite to a company or business sale to a third party
• As a step to be taken following the acquisition of a company or business
• Simplifying a complex corporate structure
• Obtaining certain tax advantages

It is important to obtain legal advice on how best to carry out a restructure as there are likely to be many options available to you and it is vital that all legal, tax, accounting and commercial implications have been considered. We work with your other professional advisers to help you make an informed decision and we can then draft the legal documentation to give effect to your objectives.