Check list | Companies guide

Content

Questions to be considered when choosing your form of business enterprise:

• How much capital are you prepared to invest?
• How many owners will there be in the business?
• What liabilities and what responsibility are you prepared to assume?
• What risks are you prepared to take?
• Do you want to keep the finances of the business separate from your private economy?
• Are there any advantages for certain forms of enterprise, from the point of view of wages or taxation?
• Do you need more than local protection of your business name?
• How can the different forms of business enterprise be terminated?