How Do I Set Up a Family Trust?
Are you thinking about setting up a discretionary (or family) trust in Australia? Are you unsure how to do so or what the process involves? If so, look no further. This article provides you with a step by step guide…
Business Structure Guide: Trusts
When starting a business, there are so many different structures to consider. It is then critical to choose a structure that best suits not only your business’ immediate needs but also your future growth plans. We’ve put together a guide…
What is the Best Company Structure for my Startup?
When choosing a company structure for your start up, you should consider the advantages and disadvantages of each structure and how you will structure your personal shareholding. Typically, you will choose either a one company business structure or a two company business…
9 FAQs You Should Ask Before Setting Up a Trust
A trust is a legal relationship whereby one party, known as the trustee, holds assets for the benefit of one or more other parties, known as the beneficiaries. The most common form of trust is a discretionary trust, also known…
Who Are the Parties to a Trust?
A trust is a flexible, legal structure that allows one or more people (or companies) to manage property for somebody else’s benefit. It involves splitting the legal and equitable rights inherent in owning property and giving it to other people.…
Owning Shares Through a Dual Company Structure
If you intend to set up a company or invest in one, you need to consider how you will own its shares. Owning shares in a company can be in an individual capacity, through a company or a trust. This…
Owning Shares Through a Trust
Whether you are a founder of a business, an investor in a company or an employee who owns shares in a company, the shares you own can be a very valuable asset. It is therefore important to consider how you…
Business Structure Series: Trust Disadvantages
When launching a new business, choosing the appropriate business structure will be necessary to its success. In this series of articles on business structures, we have been unpacking each structure’s advantages and disadvantages. Already we have looked at running your…
Business Structure Series: Trust Advantages
It is critical to a new business’ success first to understand the different business structures available to you. Doing so enables you to choose a business structure that best suits you and your business’ needs, and will facilitate your future growth. …
Part 3: I don’t want to set up as a Sole Trader. What are my other options?
In Part 1 and Part 2 of this series, we discussed a single company structure and a dual company structure. If you do not want to operate your business through a company, there is one more option available to you.…
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