Company structure – Which one best fits your business?
What company structure best suits your business? Are you a sole trader or starting or your new to business and are wondering what the best entity structure is for you? BWD can help. It’s a difficult decision, and there are benefits and pitfalls depending on the structure you choose. BWD Accountants can help you decide. We will go through a structured process to assess some of the following issues and concerns:
- Asset protection
- Owners related or not
- Tax considerations
- Capital Gains Tax on sale
- Investment vehicle
- Company, Trust, Partnership or Sole Trader
- Combination of above
Setting up the correct structure at the start can save considerable costs and taxes down the track.