There are advantages and costs associated with different types of business structures. Companies offer a certain separation between business and private assets. Trading Trusts can offer some taxation advantages. Being a sole trader or in a partnership can exposure you and your family to un-acceptable financial risks.
Setting up a business is not just taking a product off the shelf. Benefit from the QLD Law Group’s experience and discuss the benefits and risks of each structure with one of our experienced lawyers. We are happy to consult with and work with your accountants and business advisors.