Choose the right legal structure for your business

Getting started with your business structure
When you’re starting a business in London, one of the first key decisions is choosing an organisational structure that best reflects how you want to operate. This choice affects everything from your tax responsibilities to how you manage risk, so it’s essential to get it right. Once you’ve decided, you also need to register with HM Revenue & Customs (HMRC).
Each organisational structure, whether it’s a sole trader, partnership, limited company or another model, comes with its own requirements and is suited to different types of businesses.
If you’re unsure where to start, we’re here to help you understand what options are available.
Useful resources

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Organisational structures and registering with HMRC
Grow London Local
One of your first tasks as a new London business is to choose an organisational structure and register with HMRC.
Help to choose your company structure
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Try our free Business Success Check to get personalised recommendations based on your business needs, including the tools and resources to help you find the right legal structure for your business.
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Talk to us
Not sure which organisational structure is right for your business? Our Business Support Managers can help you explore your options and assess what best fits your business needs. Book a free consultation.
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