Russell and his team provided Walcon’s UK based owners with outstanding service in preparing an evaluation that exceed expectations whilst bringing a number of potential clients from his database virtually immediately to view the company. Once sold, we were surprised to see how easy the ownership transition was with PBS looking after all legalities ensuring a smooth transition from one equity owner to the other. We have no hesitation in recommending Russell and PBS for business sale transaction and thank the team wholeheartedly for their support through the sale process.
(= advantage) → Vorteil m; (= profit) → Nutzen m, → Gewinn m; to derive or get benefit from something → aus etw Nutzen ziehen; for the benefit of his family/the poor → zum Wohl or für das Wohl seiner Familie/der Armen; for the benefit of your health → Ihrer Gesundheit zuliebe, um Ihrer Gesundheit willen; for your benefit → Ihretwegen, um Ihretwillen (geh); this money is for the benefit of the blind → dieses Geld kommt den Blinden zugute; it is for his benefit that this was done → das ist seinetwegen geschehen; to give somebody the benefit of the doubt → im Zweifelsfall zu jds Gunsten entscheiden; we should give him the benefit of the doubt → wir sollten das zu seinen Gunsten auslegen
Generally, corporations are required to pay tax just like "real" people. In some tax systems, this can give rise to so-called double taxation, because first the corporation pays tax on the profit, and then when the corporation distributes its profits to its owners, individuals have to include dividends in their income when they complete their personal tax returns, at which point a second layer of income tax is imposed.
From our initial contact, when you patiently explained the detai1s and benefits of your Business Search Programme, right through until settlement, the service has always been professional and prompt. As I am sure you will remember, even at times when I was pushing for you to take action regarding negotiations while you were on a break down south with your family, you did not hesitate to act at once on my behalf, which resulted directly in the desired outcome.
the benefits of fresh air and sunshine A benefit of museum membership is that purchases are discounted. There are many financial benefits to owning your own home. She is just now starting to reap the benefits of all her hard work. The benefits of taking the drug outweigh its risks. I see no benefit in changing the system now. We're lucky to be able to get the full benefit of her knowledge. He began collecting his retirement benefits when he was 65. He began collecting his retirement benefit when he was 65. The job doesn't pay much, but the benefits are good.
A company limited by guarantee: Commonly used where companies are formed for noncommercial purposes, such as clubs or charities. The members guarantee the payment of certain (usually nominal) amounts if the company goes into insolvent liquidation, but otherwise, they have no economic rights in relation to the company. This type of company is common in England. A company limited by guarantee may be with or without having share capital.
Where two or more individuals own a business together but have failed to organize a more specialized form of vehicle, they will be treated as a general partnership. The terms of a partnership are partly governed by a partnership agreement if one is created, and partly by the law of the jurisdiction where the partnership is located. No paperwork or filing is necessary to create a partnership, and without an agreement, the relationships and legal rights of the partners will be entirely governed by the law of the jurisdiction where the partnership is located. A single person who owns and runs a business is commonly known as a sole proprietor, whether that person owns it directly or through a formally organized entity. Depending on the business needs, an adviser can decide what kind is proprietorship will be most suitable.
A very detailed and well-established body of rules that evolved over a very long period of time applies to commercial transactions. The need to regulate trade and commerce and resolve business disputes helped shape the creation of law and courts. The Code of Hammurabi dates back to about 1772 BC for example, and contains provisions that relate, among other matters, to shipping costs and dealings between merchants and brokers. The word "corporation" derives from the Latin corpus, meaning body, and the Maurya Empire in Iron-Age India accorded legal rights to business entities.
Businesses often have important "intellectual property" that needs protection from competitors for the company to stay profitable. This could require patents, copyrights, trademarks, or preservation of trade secrets. Most businesses have names, logos, and similar branding techniques that could benefit from trademarking. Patents and copyrights in the United States are largely governed by federal law, while trade secrets and trademarking are mostly a matter of state law. Because of the nature of intellectual property, a business needs protection in every jurisdiction in which they are concerned about competitors. Many countries are signatories to international treaties concerning intellectual property, and thus companies registered in these countries are subject to national laws bound by these treaties. In order to protect trade secrets, companies may require employees to sign noncompete clauses which will impose limitations on an employee's interactions with stakeholders, and competitors.
The Benefits Calculator does not currently calculate benefit entitlement for students, although we are aiming for this to be included in the future. This is because special rules apply and the results provided will not be accurate if you continue with the calculation. This includes students who are full time or part time, or in further, higher, advanced or non advanced education.