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Before you enter into a contract to purchase a business or investment asset, one of the first things you need to consider is the legal structure of the entity that is to purchase and own the asset.
That key decision could determine implications in respect of taxation, liability of creditors and distribution of profits.
The four most common structures are: acting as a sole proprietor, partnership, company or trust.
These four structures are explained in brief during this short video. At Argon Law we can advise you on the structure that best suits your business.
Do you require legal advice? Contact Argon Law via the links listed below.
