Setup of your Business Structure
Setting your business up with the wrong structure can create a huge tax bill for the future. In determining what business structure best suits your situation consideration needs to be given to the following points:
- Which business structure will protect the business owner’s personal assets?
- Which Business Structure will enable the business owner to pay the minimal amount of tax now & in the Future?
- Which business structure will allow the business owner to get their income after tax into their personal name without having to pay additional tax.
If the choice of your business structure is not determined after carefully considering these points you may encounter capital gains tax & stamp duty issues in the future. We can setup up your Self Managed Super Fund, draft your trust deed and incorporate your company. We will then register your new business for the new tax system and attend to registration for the Goods & Services Tax, Pay as you go withholding and the Fuel excise rebate system. Please contact one of our personalized staff to ensure that you set your business up with the right structure before you commence trading.