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​Business Structure

By understanding your business and financial position, we will develop the most suitable structural recommendation for your business and also make sure you will understand the legal requirements of your business setup.
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►BUSINESS STRUCTURE

It is very important to decide business structure that best suits your business needs. There are many factors to be considered such as: setup cost, business risk, asset protection, tax advantages, business growth plan, legal complexity, reporting issues etc.
There are four main types of business structures commonly used by small and medium businesses in Australia:
  • Sole trader: an individual is the sole owner
  • Partnership: an association of two or more partners jointly running a business together
  • Trust: an entity that holds property or income for the benefit of others
  • Company: a registered legal entity trade in its own right and separate from its shareholders
 
There are complex businesses that use a combination of operating companies, family trusts, corporate trustees and even partnerships between these trustees.  However, not every business needs a complex structure. Each structure has its own benefits and drawbacks.
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By understanding your business and financial position, we will develop the most suitable structural recommendation for your business and also make sure you will understand the legal requirements of your business setup.
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Location

Level 1, 292D Springvale Road
​Springvale, VIC 3171

What Our Clients Are Saying

The service is professional and of high-standard. We could not ask more from such a tax consultant.

Contact Us

Phone: (+61) 3 8526 7110
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Email: info@pmtax.com.au
  • Home
  • About Us
  • Services
    • Individual Tax Returns >
      • Tax Return Amendments
      • Late or Outstanding Tax Returns
      • Audit assistance and Correspondence with Australian Tax Office (ATO)
    • Tax & Business Services >
      • Business Structure
      • Corperate Service
      • Tax Planning
      • Bookkeeping Service
    • Self-Managed Superannuation Fund
  • Contact Us
  • Resources