Buying a business? Should you buy as an individual, a company, or a trust?
Argon Law Special Counsel Rachel Martin explains what you need to know. As an individual, it’s simple – but you’re personally liable for the business’s debts and risks. That’s a big call.
A company is a common choice. It offers limited liability, which protects your personal assets. Plus, it may bring tax benefits.
A trust, like a discretionary trust, can be great for asset protection and flexible income distribution – but it’s more complex to set up and manage.
The best structure depends on your goals, tax position, who’s involved, and how you plan to grow the business. Getting the entity right from the start makes a big difference.
Let’s choose the right structure – based on your goals. Reach out to Argon Law for tailored legal guidance when buying a business.
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