Business Setup & Structuring in Australia with The Tax Advisor

At The Tax Adviser, We offer comprehensive Business Setup & Structuring services, providing expert guidance and tailored solutions for entrepreneurs and businesses. The process begins with understanding the client’s unique goals and requirements, whether starting a new venture or restructuring an existing business. The team advises on suitable business entities, considering factors like liability protection, tax implications, and growth potential.

The services include assistance with business registration and compliance, handling paperwork, and ensuring a smooth setup process. The focus is on effective structuring to maximize operational efficiency and minimize risks.

We also offers business planning services, assisting with market analysis, financial forecasting, budgeting, and cash flow management for sustainable growth and profitability. Our Business Setup & Structuring services aim to establish businesses on a solid foundation, combining expertise in taxation, accounting, and business advisory.

Types of Structure

01

Sole Trader

A sole trader is the simplest business structure and it is inexpensive to set up because there are few legal and tax formalities. If you operate as a sole trader, you’re responsible for all aspects of the business, including any debts the business incurs and there are no limits on this liability.
02

Partnership

A partnership is two or more people or entities who do business as partners or receive income jointly. A partnership is not a separate legal entity so you and your partners are liable for all debts and obligations of the business. A formal partnership agreement is common, but not essential.
03

Company

A company business structure is a separate legal entity. This means the company has the same rights as a natural person and can incur debt, sue and be sued. A company is a more complex business structure to start and run and involves higher set up and running costs than other structures
04

Trust

In a trust structure, a trustee holds your business for the benefit of others (the beneficiaries). A trustee can be a person or a company, and is responsible for everything in the trust, including income and losses. Trust structures are expensive and complicated to set up, and are generally used to protect the business assets for beneficiaries. The trustee decides how business profits should be distributed to the beneficiaries

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