What kind of company?
System
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Some friends of mine are developing a new software application, which is set to do very well. However, they're not sure what kind of business to set up (Limited, Sole Trader with the other developers as employees, Partnership between all four developers, etc).
They also don't come from the same country. I think most are UK-based, but at least one is Australian.
Any ideas?
They want things (ideally) to be as simple as possible.
They also don't come from the same country. I think most are UK-based, but at least one is Australian.
Any ideas?
They want things (ideally) to be as simple as possible.
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Comments
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Re:What kind of company?
Hi Chris
If this is something set to make it big - then I would probably suggest a ltd company. Everyone can then have shares in the co, and there is an easy exit strategy.
Claudia
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