Why incorporate? Main advantages: Incorporation protects board members from most instances of personal liability by creating a separate legal entity. The company instead of the individual can enter contracts, hold assets and can sue or be sued. Basic principles of the entity and its operations are outlined and enforced. A variety of regulations and guidelines …
Associations Business Law Company Discretionary Trusts Family Trusts Joint Venture Partnership Self-Managed Super Funds Tax Unincorporated Associations Unit Trusts
30 April 2014
Starting or buying a new business – which structure?
Starting or Buying a New Business- Which Structure? WHAT IS THE BEST LEGAL STRUCTURE FOR A START UP BUSINESS? The importance of getting your structure right when buying or starting up a small business cannot be underestimated. For example, there are capital gains tax concessions which are available to all different structures, subject to qualifying …
0
0 Comments