View Full Version : forming a contractor partnership

24th March 2004, 01:34
Usual problem here, our agency is taking too large a slice of the pie. The agency has "won" these contracts due to our technical skills/contacts.
We want to create an umbrella partnership/Ltd Co to bid for this managed service work and/or force a better deal with the agency.
At the moment, we work through our own Ltd Company solutions (contracts are not caught by IR35). We wish to remain working through these companies and formalise a business relationship through a new managed service Limited Liability Partnership/Ltd Company.

If you have been there and done it, can you advise on?
Legal business format
Accountancy solution
Partnership agreement
Setup costs
Pitfalls etc