This week: partnerships and legal structure

If a group of individuals come together to promote a business venture, the term partnership can loosely be applied to a number of structures, including a traditional partnership (under the Partnership Act of 1890), a limited company, or an unlimited

22nd February, 2015
This week: partnerships and legal structure
Gerry McInerney of Dublin-based accountants McInerney Saunders

Traditional partnerships are less attractive than corporate structures, as they bring higher exposure to:

 personal financial risk;

 less favourable tax treatment;

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