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Business name and structure

Choosing your business structure, registering your business name and knowing your tax obligations are important steps when starting your business. In this section, you'll find helpful advice and tools to help you better understand the steps involved.


 

Choose the right business structure

Need help choosing the best business structure - sole trader, partnership or company? Get the facts and make sure you benefit from a favorable tax & legal position

Sole trader

Learn what's a sole trader, how they operate and the pros & cons of this type of business structure. Know the tax obligations, liability & insurance needs

Partnership

Learn the difference between partnerships and limited partnerships, which one is best for you and the steps to take to get registered

Company

Find out what are the advantages and disadvantages for choosing a company structure for your business, tax and legal implications, and how to register it

Trust

Learn what a trading trust is, its pros and cons, and the associated tax and legal implications of setting one up

Incorporated association

Learn about incorporated associations, its advantages and disadvantages and liabilities. Such businesses can also perform online transactions on CAV's website

Incorporated Aboriginal association

Information on incorporated Aboriginal associations, the ways they differ from a standard incorporated association, and association rules

Cooperative

Learn what a cooperative is, how it operates, and the advantages and disadvantages to setting one up. Understand director's duties and where to get help

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