We often assist clients with the setting up of new ventures, and are often asked which trading vehicles they should use.

In the link below we have set out a high-level summary of the key differences between the three most commonly used trading vehicles (there are others, which are adopted less frequently): limited partnerships (frequently used by investment funds), limited liability partnerships (preferred by professional practices, such as accountancy and law firms), and limited companies (by far the most common entity used for trading).

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