Set up structure

Set up structure

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Two separate Ltd companies (not associated but provide a similar service) are considering a start-up together to provide an admin function for both Ltd companies and the open market.

What options are available when considering the structure of the new start-up, the relationships between the Ltd companies?

How could the options change if the percentages for each partner was not 50% each?

The rationale is initially to share the costs associated for the admin function and once the new start-up becomes efficient then phase 2 to introduce it to the open market as a service.

Really appreciate constructive thoughts from the SME's out there.

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