Starting a business is exciting, but one of the most critical early decisions you’ll make is choosing the right business structure. At Cantor Accounting, we guide entrepreneurs, startups, and growing businesses through the process of selecting a structure that aligns with their goals, risk profile, and tax strategy.
🔍 Why Business Structure Matters
The structure you choose impacts more than just paperwork — it affects your:
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💼 Legal liability
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💰 Tax obligations
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📈 Funding options
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🔄 Operational flexibility
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🧾 Reporting and compliance requirements
🏗 Common Business Structures Advice in Australia
Here’s a quick look at your options:
1. Sole Trader
Simple, low-cost, and ideal for individuals starting out — but comes with unlimited personal liability.
2. Partnership
Two or more people share profits, responsibilities, and risks. Best for joint ventures with clear agreements.
3. Company (Pty Ltd)
A separate legal entity offering limited liability. Suitable for growing businesses needing structure and protection.
4. Trust
A flexible option often used for asset protection and family business planning — with specific compliance rules.
💡 Cantor Accounting’s Tailored Advice
We don’t believe in one-size-fits-all. At Cantor Accounting, our experienced team works closely with you to:
✅ Evaluate your business goals and growth plans
✅ Assess risk exposure and tax efficiency
✅ Recommend the best-fit structure
✅ Help you register and stay compliant
✅ Offer ongoing support as your business evolves
📈 Get Set Up for Success
Choosing the right structure now can save you time, money, and legal headaches later. Let Cantor Accounting help you build your business on the right foundation.
Trusts
“Discretionary Trust” structure is excellent when asset protection is required for business or personal assets. Discretionary Trusts are highly tax effective as trust income can be virtually distributed to anyone
For more information on the different types of business structures advice, book a no obligation free consultation with our experts by calling 02 9411 1134.
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