Opting For the Best Framework for Your Venture

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CANTOR CARNEVALE CO
PRESENTATION
OPTING FOR THE BEST FRAMEWORK FOR YOUR VENTURE
BUSINESS STRUCTURE ADVICE, BUSINESS STRUCTURE
ADVICE NORTH SYDNEY
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Company
Under a company business structure, an asset can
be held under its own name, as opposed to an
individuals name. As a separate legal entity, a
company can sue and be sued. One of the many
advantages of this structure is the limited
liability for shareholders or owners. A company
is also easy to sell and pass on ownership
(within the family or to external parties).
Our Company Formation services include

• Offering advice on how to decide on the most
  suitable business structure
• Obtaining ABN, GST Registration, PAYG and Tax
  File Number
• Registering your companys name with ASIC
• Assisting companies to check and change company
  details officeholder details, share details,
  addresses and company name

CANTOR CARNEVALE CO
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CANTOR CARNEVALE CO
Trusts
Discretionary Trust structure is excellent when
asset protection is required for business or
personal assets. Discretionary Trusts are highly
tax effective as trust income can be virtually
distributed to anyone
Business Structure Advice North Sydney
Selecting the appropriate business structure is
one of the first and most important decisions
that entrepreneurs must make in the huge ocean of
entrepreneurship. You need to have Business
Structure Advice. This choice establishes the
framework for your business's taxation,
liability, and operational flexibility, among
other features. Every type of company structure,
from corporations to sole proprietorships, has
pros and cons of its own. We'll offer guidance to
help you make an informed decision.
Sole traders
This is a relatively inexpensive business
structure, thats easiest to set up. A sole
trader maintains complete control over their
business, getting taxed as individuals.
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CANTOR CARNEVALE CO
Liability Protection Considerations
Evaluate the degree of risk involved in your
business operations. Choosing a structure such as
an LLC or corporation can protect your personal
assets from business debts and litigation if you
operate in a high-liability field.
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CANTOR CARNEVALE CO
Tax Implications
The tax treatment of various arrangements varies.
To find out how each structure may affect your
income taxes, self-employment taxes, and
deductions, speak with a tax adviser for Business
Structure Advice North Sydney.
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CANTOR CARNEVALE CO
Ownership and Management
Think about how you want to divide up ownership
and power to make decisions in your company.
Certain organizational forms, such as
partnerships, allow for shared control, whereas
corporations have a more hierarchical management
structure.
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CANTOR CARNEVALE CO
Consider your long-term objectives for the
company. A company form could be more appropriate
if you want to draw in outside investors or
experience rapid expansion because of its
capacity to issue stock and generate funds.
Plans for Scalability and Growth
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CANTOR CARNEVALE CO
There are certain legal and regulatory
requirements for every type of business
structure. To make sure you can fulfill these
responsibilities, familiarize yourself with the
registration costs, continuing compliance duties,
and reporting requirements related to the
structure you have selected.
Compliance Requirements
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CANTOR CARNEVALE CO
Seeking Expert Advice
Selecting the appropriate business structure is a
crucial choice that will affect your venture's
long-term success. Although this offers a general
perspective, it is imperative that you consult
legal, financial, and tax experts who can give
tailored advice based on your unique situation. A
knowledgeable lawyer can guide you through the
legal ramifications of any structure and help you
create articles of incorporation, operating
agreements, or partnership agreements. Similarly,
a certified public accountant may offer Business
Structure Advice assist you maximize your
financial plan and offer insights into the tax
implications of your decision.
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CANTOR CARNEVALE CO
THANK YOU FOR YOUR ATTENTION
CANTORACCOUNTING.COM.AU