Company & Trust
Company and Trust
Setting up companies is generally straight forward, however, it is important to get it done right from the beginning. Apart for company formation we can also assist in more complex matters such as setting up public listed companies and advising on initial public offerings (IPO). We also advise on shareholder rights and remedies and your duties as a director. Prudentia Legal advises on all company set ups including small, medium or large enterprises.
When it comes your company and the law, you want to appoint the services of a firm that will be there with you every step of the way. Companies, like people, go through a life cycle. From the start-up through to the growth of the company and eventually when you exit, there are benefits in having a great legal team on your side. You may wish know about the shareholder’s rights or how the company constitution impacts on you. Prudentia Legal’s advice does not just stop at the initial set up stage of the company, Prudentia Legal continues this advice when you become a director of the company and you need advice on compliance issues as a director and/or shareholder. We see ourselves as your company’s life-cycle lawyers.
A trust is a great legal tool and business structure whereby one party, the trustee, holds assets for the benefit of another party, known as the beneficiary. A trust is able to be used as a great tax minimisation strategy and also asset protection strategy.
Generally, a creation of a trust is for the follow reasons:
Tax minimisation;
Shared income for family members;
Minimise risks of creditors making a claim against your assets (asset protection);
Place valuable assets out of the direct control of individuals who risk making poor decisions
There are many different types of trusts and they all operate under complex legal structures with various compliance requirements. At Prudentia Legal, we may assist in trust planning and we may help you identify, set up and administer the best trust structure to protect your assets and reduce your tax burdens.
