Business & Property Structures
Aside from Taxation, companies have the additional requirement to abide by the Corporations Act 2001. The Corporations Act 2001 is regulated by the Australian Securities & Investments Commission (ASIC). Non-compliance with the Act can have serious consequences for company directors including disqualification, fines, civil law suits and criminal law suits.
Choosing a structure to conduct business or hold property can be a confusing and costly exercise.
There are a number of options including:
- Sole Trader
- Partnership
- Company
- DiscretionaryT rust
- Unit Trust
There are also a number of factors to consider including:
- Taxation
- Set-up costs
- Running Costs
- Complevity
- Stammp Duty
Our staff will assess a client’s budget, requirements and constraints before making a recommendation on the most advantageous structure within the given parameters.
