So it helps to get an accountant's advice. Deciding on the structure of your business is one of the most important decisions you make when you first start out as it affects your legal responsibilities, how the
Incorporated Limited Partnership (ILP).Partners in an ILP can have limited liability for the debts of the business. However, there must be at least one GP with unlimited liability. If the business cannot meet its obligations, the GP (or GPs) become personally liable for the shortfall. ...
Here’s an example of this in action. I once had a client whose company name that described its activities and offering perfectly— and, chiefly because of this, it ranked extremely highly in lots of search results relating to the sort of services it provided. Business was accordingly good...
However, a company cannot register if their name is identical to an existing business name in that province in Canada. In Ontario, a foreign corporation must apply for a licence from the Ministry of Government and Consumer Services to operate its branch. Cooperatives A cooperative is a type ...
“I want to test a new and innovative business at Lloyd's.” An opportunity to establish an initial 3 year market facing syndicate that delivers innovation, new technology and disruption. Find out more Captive syndicate “I want to underwrite my own risks, or risks that I partially control,...
Administrative Services Report Spring Activities Starting to Take HoldSpring is officially here, and not a moment too soon! With thewarmer weather, it's time to break...Birkbeck, Dixie
Business environment in Singapore Singapore is an island city-state located in South East Asia, a mere 85 miles north of the equator. With a land area covering just over 700 km2, Singapore may be small in geographical size, but its economy is far from it and makes use of one distinct ad...
However, it’s important to consider the disadvantages of forming an LLC as well. One drawback is the potential for self-employment taxes. Unlike a corporation, an LLC doesn’t have a separate tax entity, meaning the profits and losses of the business are passed through to the owners and ...
Advice from industry experts on how to start an accounting firm, answering common questions, and offering advice to help you build a successful business.
Getting your business registered, and setting up the right tax information can be confusing. Find out what you need to know ahead of time.