One of the most important questions for any business-person or investor, who is planning to embark on a new venture, or is considering restructuring an existing one, is deciding on the most appropriate legal structure.
They key question is how to balance the interest of business owners in:
- protection from the legal risks associated with operating the business (as well as protection of business assets from individual legal risk); and
- minimising the taxation impact of operating the business.
There are a number of different combinations of Pty Ltd companies, discretionary or unit trusts, self-managed superannuation funds (SMSF) and other arrangements that might be suitable, depending on the characteristics of the business and the business owners.
As a member of of the Etax Local network of accountants*, Fifth Element Advisors can co-ordinate the provision of expert advice in this regard and facilitate the speedy and inexpensive establishment of new business or investment entities and structures, with the legal work undertaken by Maddocks Lawyers, a top-20 Australian law firm.
We can also help with business name registrations, applications for Australian Business Numbers (ABN) and Tax File Numbers (TFN) and help with the voluntary de-registration of companies that have ceased trading and are not insolvent.
To make the process of establishing a new business or investment enterprise as easy as possible, we provide our clients with a simple and hassle-free web-based tool to set up a new entity. You can place an order for one of the following types of entities, at affordable prices.
Order a Business / Investment Structure
*Etax Local Accountants Pty Ltd is the service provider in relation to all accounting, taxation, BAS Agent and audit services. All clients will engage directly with Etax Local according to CPA Australia professional guidelines.