[Updated to issue2  on 18/04/2022]
 
We aim to provide the information about Form of Practice in the construction industry and architectural practice management.
 
In this support material, we will talk about the 5 Forms of Practices - Sole Practitioner, Traditional Partnership, Limited Liability Company, Limited Liability Partnership, and Employee Ownership, for their general legal form decision factors, such as Collaboration, Name choosing, Risk/Control, Flexibility, Liability, Opportunity, Taxation Process, and Financial Management. Also, we will talk about their advantages and disadvantages when choosing the most appropriate form of practice. We conclude with a comparison table, between traditional partnership, Limited Liability Partnership, and Limited Liability Company.