Company

The advantages of a company include:

• Limited liability for shareholders.
• Well understood and accepted structure.
• Able to raise significant capital.
• Can carry forward losses indefinitely to offset against future profits.
• Easy to sell and pass on ownership.
• Profits can be reinvested in the company  or paid to the shareholders as dividends.  Note that sole-director companies must distribute all profits.

The disadvantages of a company include:

• Significant set-up and maintenance costs.
• Do not retain complete control.
• Complex reporting requirements.
• Can’t distribute losses to its shareholders.

We provide most comprehensive suite of services and documentation for in our company setup package, as follows.

The services included our company set up package:

1. Registration of the company
2. Registration of business name (optional)
3. Registration of ABN
4. Registration of TFN
5. Registration of GST (if required)
6. Registration of payroll withholding tax (if required)
7. Registration of payroll tax (if required)
8. Registration of FBT (if required)
9. Tax planning discussion
10. Business transition planning

The documents included in our company set up package

1. Certificate of Registration
2. Constitution
3. Letter to Commissioner of Taxation
4. Letter to the Bank Manager
5. Officeholder Consent
6. Register of Members
7. Members Resolution
8. Share Certificate
9. Notice of ABN registration
10. Notice of GST registration
11. Notice of PAYG registration
12. Notice of TFN registration
13. Notice of Payroll Tax registration
14. Notice of FBT registration