Our skilled and professional support with advanced methodology of implementations will give you a smooth and relaxed journey to the success
Advantages of partnerships:
- Partnerships are easier and less expensive than companies to set up.
- Partners may carry on business under a trading (business) name.
- Partnerships combine the resources and expertise of a number of people.
- Partnerships are simple to administer. Profits and losses are shared between partners according to his/her share (as specified in the ‘partnership agreement’).
- Unlike companies, partnerships do not have to disclose their profits to the public (i.e. greater privacy).
- Changing the legal structure is relatively simple (i.e. changing from a partnership into a company at a later stage).