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company formation

M veis · 2008-05-24 21:12:11

hi all I am going into business with my partner and would like to know which is the best company to form, I've read a lot but I'm still not sure. Our company will turnover about 300,000 annually. Thanks ;)

24-05-2008 9:12pm

#1

M veis

Closed Accounts Posts: 6 ✭

Join Date: November 2007

Posts: 3

hi all

I am going into business with my partner and would like to know which is the best company to form, I've read a lot but I'm still not sure. Our company will turnover about 300,000 annually.

Thanks

0

Comments

#2 27-05-2008 9:54pm

information

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Join Date: August 2006

Posts: 325

M veis wrote: »

hi all

I am going into business with my partner and would like to know which is the best company to form, I've read a lot but I'm still not sure. Our company will turnover about 300,000 annually.

Thanks

There is really only one, a private company limited by shares

0
#3 28-05-2008 9:08am

Accountant

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Join Date: May 2008

Posts: 24

Yes, you need need to incorporate. Although, there are costs associated with this. Perhaps it would be wise to set up as a partnership until the business gets off the ground. Just register business name with the companies office and the revenue.

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