Have you decided to set up your own business? If you are planning to set up a company, one of the main decisions you will have to make is the legal form you will give it. This decision will affect such important aspects as the liability assumed by the company’s partners and the way in which the company will be taxed. In this article we are going to analyse the main legal forms that a company can have in order to see the advantages and disadvantages of each one, as well as the taxation.
