Like all significant business decisions, deciding between a company vs a trust business structure requires a complete understanding of the advantages and disadvantages of each situation. Our guide is designed to delve into the pros and cons of both business structures, aiding you in identifying the most appropriate choice for your unique circumstances. Differences Between…
Updated: 14 July 2020 If you’re a sole trader or in a partnership, you’re likely assessing Pty Ltd Company advantages and whether setting up a Pty Ltd Company would be suitable for your situation. Many clients ask me why they should set up a Pty Ltd company. The answer to that is – it depends….
Are you looking to buy or sell a business and not sure where to start? In this article, I’ll go through some of the fundamental concepts you should know about buying or selling a business so that it can get you off in the right direction. Introduction There are some important considerations that need to…
When winding up a company, you must follow the correct process to ensure that your proprietary limited company has officially ceased to exist. Without doing so, you are still obligated to perform regulatory reporting and incur fees on an annual basis. Furthermore, the company will be at risk for exposure to future liabilities that may…
A comprehensive comparison table to help you to decide the most suitable business structure for you!
Choosing a business a sole trader vs company business structure can be confusing as each individual’s business situation is different. In our experience, many business owners consider between a sole trader vs company business structure when they’re looking to reduce tax liability, grow their business and to limit their personal assets from risk. In a…
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