Business Setup
- Business Structure
- Are you choosing correct business structure?
- Choosing a right business structure can help you to make a right decision for your long-term business strategy. At Westgate Accountants, setting up a business structure to legally minimise tax in compliance with tax legislation is our specialty.
- There are range of key element which determines the future growth of the business apart from the minimisation of tax.
- Factors you may want to consider while establishing a business structure:
- • Personal services income (PSI)
- • Income splitting
- • Protection of family assets
- • Limited liability
- • Simplicity of ownership
- • Compliance costs
- • Future capital gains liability
- • Ability to offset losses
- • Involvement of family member
- We are here to help you to choose a right business structure considering all the above points.
- Business Set up
- We are familiarised with process of setting up business setup in Australia and Australian regulations you need to adhere to. We are at your service to help you through the process – from choosing the business structure, selecting the type of the business and registration of the business.
- we can help
- We are experienced in helping new businesses simplify the complex process of business setup.
- Our strength is helping our clients set up ABN for sole traders, Company set up, Unit Trust and Discretionary Trust set up. The service usually includes:
- • Sole Traders ABN registration
- • Company ASIC Registration
- • Company ABN , TFN registration
- • Trust Deed
- • Stamping of Trust deed
- • Accounting software selection and setup
- Meet and chat us obligation-free
- If you are still not sure whether you are making the right decision or which steps need to be taken, feel free to get in touch with us to discuss your future business plan. Call us on the phone or meet face to face – we will advise on the best business setup approach and provide cost involved for your business setup.