Business Structuring

To determine an appropriate structure for your new or existing business the following factors must be looked at:

Asset protection – Will your family home and other assets be at risk?
Cost and complexity – Are you paying too much using an obsolete or overly cumbersome structure?
Tax efficiency – Is the structure efficient in relation to income tax and profit distribution? What about capital gains tax exemptions?
Flexibility – Will the structure still be appropriate as your business grows? What about your capacity to raise capital?
Control – What level of control do you actually have over the business and other investments? Is this the same as the level of control Estate planning – Will there be a smooth continuity of ownership? How can I make sure my inheritance is passed on appropriately between my family?

The types of business structures that may be appropriate depending upon your circumstances include:

Sole Proprietorship
Partnership
Company
Trust
Self Managed Super Fund
Various combinations and interrelations of the above

Your yearly tax planning sessions will also thoroughly review the appropriateness of your existing structure. PAG will look after the set up and administration requirements for you (see Corporate secretarial).

Please note we always advise the assistance of an appropriately versed solicitor whether it be your own or one from our referral panel.