Being in business poses the question, which structure is right for your business? An Investor may also need to consider what entity structure is right for a new investment, or an existing portfolio when circumstances have changed.

The main factors to consider when choosing the right entity are asset protection and the rate of tax that will apply to income. These considerations will be different for each person, family group or type of business.

The main structure options available are:

• Individual Sole Trader
• Partnership
• Company
• Discretionary Trust (Family Trust)
• Unit Trust

Mullen Accounting can advise which entity is best for you, taking into account all relevant factors to help you make a well informed decision.

Structure Advice

Being in business poses the question, which structure is right for your business? An Investor may also need to consider what entity structure is right for a new investment, or an existing portfolio when circumstances have changed.

The main factors to consider when choosing the right entity are asset protection and the rate of tax that will apply to income. These considerations will be different for each person, family group or type of business.