Should you start your business as the sole proprietorship or as Limited Liability Company?

Finding the advantages of starting a business as a limited liability company

Finding the costs of starting a limited liability company

Why it is easy to transfer business ownership of a limited liability company

Why small business may not be required to have a statutory audit

Most people have ideas on how to start their own businesses. However, one has to decide whether to operate the business as a sole proprietorship or as Limited Liability Company. One thing that should be understood however is that both choices have their own advantages and disadvantages. For example, if you decide to incorporate company cyprus

The advantage of offshore company formation as a limited liability company is that the company will always enjoy a legal continuity. This means that the company can own properties, it can sue creditors or suppliers, and it can also be sued.