Spiegel & Utrera, Ltd. is a fully licensed firm of solicitors that deliver professional legal services at extremely affordable prices.
"There are only two types of people. Those in business and those who wish they were!" -- Larry Spiegel, Esq.
 Six Powerful Reasons to Form a Company or Organize an LLP 1. Protect yourself from personal liability
Company or LLP signs lease - you’re not personally liable Company or LLP borrows money - you’re not personally liable Company or LLP buys goods and services on credit - you’re not personally liable
2. Tax Advantages
Take what would otherwise be non-deductible personal expenses and turn them into legitimate deductible business expenses Use of motor vehicle by Company Use of part of your residence by the Company with the utilization of a lease not considered a "home office" Annual meeting of shareholders and directors in far away or "resort city" and deduct for taxes The goal is to convert as many non-deductible personal expenses into legitimate deductible business expenses, in this area, there is no limit to what the mind can conceive
3. Privacy
The Company or LLP can be established in such a way so that shareholder/owners remain anonymous, many times the same anonymity can be accomplished for officers and directors.
4. Use of a Marketing framework
Hold the business out to all as a Company or LLP Give the business the appearance of being much bigger than it is Attract investors more easily
5. Raising capital
Because of the ease of transfer of ownership and the "separate entity" concept of the Company or LLP, it is much easier to attract investors than otherwise
6. Easy transfer of ownership Put real estate in Company or LLP and transfer through private agreement, i.e. stock transfer rather than formal real estate transfer and completion. Re-title asset to a Company or LLP yet continue to maintain control
Overall Discussion of Six Powerful Reasons to Incorporate or Organize an LLC Would you rather speak to a solicitor? A Spiegel & Utrera, Ltd. associate is ready to take your call. Spiegel & Utrera, Ltd.,
Company no. 05321356, registered by the law society in England and Wales. |
Spiegel & Utrera, Ltd. 11 Murray Street London NW19RE
Telephone: 0207 284 3700 / Fax: 0207 284 3533
Free Phone: 0800 917 1200 / Free Fax: 0800 169 2300
Send us an email: info@spiegelutrera.co.uk
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