Incorporations

An incorporation involves the sale and transfer of your dental practice, including all the equipment, property (if appropriate) and goodwill, to a newly formed company, owned by you, which you set up specifically to provide dental services.

This enables you to move to a more advantageous business structure, while the day-to-day workings of your practice remain unchanged.

It’s a complex area of law, so you need people who know what they are doing. There are many, many considerations, from tax implications to valuations, stamp duty to landlord issues, TUPE regulations to employment contracts. Things get particularly complex if you need to transfer NHS contracts to the company.

The best thing you can do is speak to us at the outset; we’ll liaise with any other parties involved, such as financial advisors, assess the issues and give you honest, practical advice. Then, we’ll make sure everything is handled efficiently and appropriately, to make this complex business move go like clockwork.

Our comprehensive service covers:

• Setting up a company.
• Tax considerations.
• Recommendations of trusted valuers.         
• Property issues.
• Sale agreements.
• NHS contracts.
• TUPE (Transfer of Undertaking (Protection of Employers) Regulations.
• Employment contracts for employees, associates and self-employed staff.

Case Study - Incorporation of a Dental Practice PDF