Advantages of a partnership company in the UK

• Mutual support by fellow partners – including sharing of responsibilities, duties and tax liability.
• Flexibility – a partnership could be easier to form, manage and run. Depending on the nature of the partnership, there could be less regulatory requirements involved.
• Access to multi-disciplined skills – one partner may have a strong legal and financial background, whereas another may be more IT skilled.
• Access to fellow partners allow for idea sharing, problem solving and an opportunity to execute a task more successfully.

Contact Paul Beare at [email protected] for more information.