g the PSE1 form. If a solicitor is involved in the partnership, he might insist upon the set up of a Partnership Agreement. This important document can help cover partners should any difficulties in their relationship arise, because this agreement outlines roles, responsibilities and financial arrangements of the involved parties.
The drawback of this operations is again that each partner has unlimited liability for debts which even might add up due to their partners actions and not their own.
The most common choice for an artist management company is the private limited company or short Ltd. Shareholders own this business type and the head of the company is the director. The company can own buildings or property in general and can sue or be sued. Because this type of company is taken more seriously, it can attract investments more easily.
It will be necessary to set up a private limited company at Companies House (including Certificate of Incorporation and regi
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