I’ve just joined Flying Solo, having found it when googling business structures. I’m about to become involved in a new business venture and know that it’s important to get the right structure from the start so I’m here to learn! Hoping someon can provide some good advice and steer me in the right direction!
There may well be someone around here who can point you in the right direction, but we’ll need to know more about your circumstances first. In some cases, the best solution is to consult an accountant.
My husband will be issued shares in a new company which is expected to be a big earner within 2 years. There is much government interest here.
Anyway – I know a little – and know that I will have to see an accountant – but the way Im thinking at the moment is having the shares issued in the name of a discretionary family trust and am researching the ramifications of that.
As for an accountant – that’s a word I fear more than the word “solicitor” – and there is more scope there for weighing a file …
I’d be interested in suggestions as to good accountants (what we want isnt that complex so it doesnt have to be from the high end of town)