Company formation removes business liability from Partners & Sole Traders. Formation of a Limited Company means that the debts and contracts of the limited company are those of the company and not those of the members, whereas in the case of a partnership every partner is jointly and severally liable with the other partners for all the firms’ debts and obligations incurred while he is a partner.
At Ameeco we make company formation very simple. We will also provide essential advice on the best way to structure your company and its shareholders.
Please contact us for further information.