Choose the right business structure step by step guide
Take out the guesswork out of choosing the right structure for your business
Sole trader? Company? Partnership? When you first start a business, you'll need to decide on its structure. Your business structure identifies how you operate as a trading business. It'll affect things like:
who can make important decisions
tax advantages and disadvantages
how profits and losses are shared
legal obligations and costs
Use our step-by-step guide to help decide what business structure is right for you.