Crest Legal Solicitors
86-90 Paul Street

London EC2A 4NE

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Crest Legal is the trading name for Crest Legal Limited. Crest Legal Limited is registered in England and Wales with company number 11078493, with its registered office at 86-90 Paul Street, London EC2A 4NE. Crest Legal Limited is a firm of solicitors which is authorised and regulated by the Solicitors Regulation Authority with SRA number 645425. 

 

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11.7.2019

Limited Liability Partnerships (or LLPs) are a hybrid entity offering limited liability but allowing members to organise themselves as in a traditional partnership.

An LLP member may be an equity member who receives a share of profits or a fixed share member who has a f...

28.6.2019

Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS) are schemes designed to help small or medium sized companies raise money by offering tax reliefs to individual investors.

SEIS/EIS relief is often a pre-requisite for attracting investors to...

17.5.2019

As a law firm, we don’t carry out valuations of businesses. We as solicitors, however, are often involved in business valuation discussions. A friend at an accountant firm explained to us the approaches taken to value privately held businesses. There are three main app...

1.4.2019

A Vendor Funded Management Buy-Out (MBO) is a transaction which allows you as the owner to sell your business to your management team. You would expect to be taxed on capital gains at 10% with Entrepreneur’s relief.

Following completion of the transaction, your manageme...

1.2.2019

What is due diligence?

Due diligence is a formal process by which a buyer of the company investigates the business. The process is designed to provide the buyer with information to support the valuation of the business and to bring out any key issues. You should involve...

9.1.2019

A business partnership can be fun.  Being asked to join a partnership could be the recognition that you have worked so long to achieve.  Starting a new partnership with your colleagues, could be just the challenge that you need.  You will be thinking about refining and...

6.12.2018

If you are giving a personal guarantee in relation to your company, we can advise you as solicitors on the key legal matters you should consider.

What is a personal guarantee?

A bank lending to your company will often ask for a personal guarantee to make you personally r...

15.11.2018

A shareholders' agreement provides for how a company should be run, and governs the relationship between the shareholders of a company. The document provides the opportunity to put into writing how you want your company to be run, but also what should happen if things...

25.10.2018

You should think carefully about the Inheritance Tax consequences if you are selling your business.

Whilst a business will usually benefit from 100% Business Relief for Inheritance Tax provided that you have owned it for at least two years before death, cash proceeds o...

6.9.2018

If your business is organised as a company, the sale can be carried out by selling the shares or selling the assets.


It is worth recognising the pros and cons of each option, and it is one of the many issues you will need to think about when exiting your business.

Overv...

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