Is your existing structure the optimal structure for you? What is best for you; a sole trader, partnership, LLP or limited company? Do you have, or should you have a group structure with subsidiaries? In particular the tax treatment is different for each type of business as is the risk carried. You may be better off, or subject to less risk if you restructure.

Our Solicitors are guided by your businesses’ values and objectives and will work with you to restructure it for the future.

We regularly advise on:

Tax efficient restructuring

Many successful businesses that have grown over the years have not looked at whether their structure is the most tax efficient way of conducting business. Do you want to be operating in the Corporation Tax regime, Income Tax or a combination of the two? If you are considering a business sale, what is the best structure for the company or for you as an owner?

Increase of share capital and allotment of shares

Increasing investment in this manner is often an efficient way to fund new ventures or to reward key employees. We will take you through the transaction from start to finish, including reviewing your company’s articles and setting up tax efficient share option schemes, such as an Enterprise Management Incentive (EMI) scheme.

Hive-up or down of assets in group structures

It makes sense to allocate assets in group companies to minimise tax, risk and administration. It is often the case that companies who have been through periods of change whether by expansion, merger or acquisition, benefit greatly from this kind of restructuring.

Company purchase of own shares

Sometimes a company may wish to reduce the number of shares in circulation, normally to buy out a retiring director or an exiting investor. We can guide you through this potential minefield to the completion of your objectives.

Seeking sources of equity and/or loan finance

If you are looking to bring in outside investment to help fund your business opportunities, we can advise on sources of finance such as EIS & SEIS schemes, angel investors, directors’ loans and debentures. We can also draft the agreements and company documents necessary to give all parties peace of mind.

Change from sole trader to partnership

If you are looking to form a partnership from an existing business we can create partnership agreements to define the relationship that you want to create.

Variations of partnerships for incoming or retiring partners

If you are looking to expand or reduce your partnership we can provide admission and retirement documents, we can also assess your existing agreements to make sure they properly deal with these issues.

Incorporation of sole trader / partnership into a limited company / limited liability partnership

Incorporation is an important step in the evolution of many businesses. Our solicitors will expertly guide you through the process and explain the many benefits that come with it and help you to avoid the pitfalls.

Get in Touch

Martin Reynolds is the Head of the Property and Commercial departments at Barrett & Co. Martin advises on a broad range of property and commercial matters including business sales and acquisitions, commercial property and high value residential transactions. To contact Martin and his team; call 0118 958 9711 or email [email protected]

  • review rating 5  I used Barrett and Co for my will via the Will Aid scheme. They were very professional, efficient and friendly. They took time to explain things simply and effectively - offering advice on the implications of different scenarios and ensuring I 'future proofed' my will. Very pleased with the service all round. Charlotte Fox was excellent.

    thumb Gilly Lea
    1/22/2020
  • review rating 5  Very professional and extremely thoughtful. We choose to complete our Wills through Barrett and Co twice, and both times they have made it a simple and efficient service. We would highly recommend.

    thumb Mark Ayckbourn
    1/02/2020
  • review rating 5  Upon needing some much needed employment related legal advice I was very lucky to come across Barrett and Co. The whole process was fluid, simple, yet professional right through from my initial enquiry to leaving the office happy and eased of mind. I would highly recommend Barrett and Co to anyone that requires legal advice of any nature; my particular case, whilst not overly complicated, regardless left me wanting reassurance and security. A quick call, appointment booking, and a 1 hour meeting with Justin later provided me with both.

    thumb Jack Earith
    12/23/2019
  • review rating 5  I found Barrett & Co via a search on Will Aid 2019 and was lucky enough to get an appointment with Vanessa Ruparel, one of the Solicitors. The whole process of getting our wills done was very smooth and professional. Service was of high quality and very friendly. I would certainly recommend Barrett & Co. Many thanks Vannessa 🙂

    thumb Neil Cockburn
    12/20/2019
  • review rating 5  I found Justin Sadler and his support team very knowledgeable, and they supported us very professionally through our case. They not only had the right legal and procedural knowledge but also the practical experience of handling cases to guide us through a difficult process. Well recommended.

    thumb Tony Butcher
    12/16/2019
  • review rating 5  Absolutely first class support and service. Mr.Wild who has been not only a great support but also a friend. He fought my corner and was understanding of my exceptional circumstances and the whole team have been amazing. The receptionist is first class everytime, very attentive when I went to the offices and knew who I was when I rang, made me feel supported st every step. Highly recommend this service

    thumb Fred Swanborough
    12/01/2019
  • review rating 5  I have used Barrett & Co on several occasions and had excellent service from them. Richard Ince and his team have just completed the purchase of a house for myself, they were always on top of any issues and concerns from myself and the seller's solicitors and brought to my attention any points that they had concerns about. They could always be contacted and sent regular updates. I would definitely use them again

    thumb David Newman
    11/27/2019
  • review rating 5  Thank you to Chris Miller sorting out the payment issue with advertising company but decision not gone my way in the Court. Chris done everything he can and I will be using this firm for my future assistance if needed. Thank you again Chris.

    thumb Kathirgamanathan Balendran
    11/27/2019

Services for Business Testimonials

"Let me be the first to thank you from the bottom of my heart for all the work you have helped us through to get us here. It has been an amazing journey and I have personally learnt so much and hope that I will be able to continue to learn from you. I hope that you understand that you are by no means now rid of me/us. I look forward to our meeting on Thursday regarding the GDPR process we are going to have to follow. Thanks again and you can certainly take a bow!!!"

August 2018
– Willie Uys, Board Member, World Transplant Games Federation

"We have used Barrett & Co for a number of years for both commercial and employment issues. Most recently they have reviewed and updated a number of our precedent contracts to reflect the company's evolving business model. Simon, Justin & Rob are a pleasure to deal with and always focus on what we, as a client need to achieve. I would recommend Barrett & Co to any business, whether new or established, but especially those considering a brand new venture."

July 2015
– Louise Dunn, Managing Director, Auriga Consulting

"Justin's professional advice to me was extremely valuable and was delivered in a timely and thorough manner. The matter was resolved with a very positive outcome and so I would not hesitate to recommend him."

February 2015
– Peter