Choosing a form of company.

The choice of a form of company depends on many factors, for example your ambitions for the future, turnover, employees, possible risks specific to your business, structure for you and your business without unnecessary reclassification costs and restructuring costs in the future. 

Not set in stone. The nature of the business may change over time, and with it the basic conditions for running the business. This can mean that the business is best run in another form, and that the existing business is reclassified, for example from a sole trader to a limited liability company because the level of turnover has grown, or a limited liability company has to be reclassified as a sole trader with a view to scaling down the business.