Determining your business structure

In Trinidad and Tobago, the new business person can choose from several business structures which might best suit his business objectives. Each business structure has its own legal formation requirements and regulations. Each structure has its own advantages and disadvantages. It all depends on the type of business that you are engaged in and what your particular needs are. A lot depends on the size of your business, ownership preferences , taxation and the level of reporting requirements that you are comfortable with. Among the structures available to you are: Sole Trader,Partnership,Limited liability Company We will advise you on the best legal structure to suit your business needs. Achieving your business goals does not always require you to form a company. We will demonstrate the cost / benefit of each business format so that you can make educated decisions on what will work best for you.