Company formation and incorporation
Start, expand and restructure your enterprise Company formation and incorporation Set up your company correctly from the start. Setting up a company involves more than registering with ASIC. The structure you choose at formation determines how the business operates, who can control it, and how cleanly it can be expanded or transferred in the future. […]
Andrew Andreyev chats with Tax Talks about Property Development 101
How would you structure a property development project for tax purposes? Not that you would ever structure something just for tax. Of course tax is just one factor of many you need to consider. In this episode let’s look at the basics. What types of developers are there and what are their tax needs? Should […]
Andrew Andreyev chats with Tax Talks about asset protection layers
How can you protect your personal assets from creditors, the ATO and so on? How can you reduce the risk? Andrew Andreyev will tell you how and discuss the five layers of asset protection with you. You can listen to our insights here or below. You can read more about Tax Talks here. The information […]
Andrew Andreyev chats with Tax Talks about asset protection trusts
An asset protection trust (aka equity split) does not give you 100% protection but it helps. In another episode, we already touched on asset protection trusts as the fifth layer of asset protection. In this episode, Andrew Andreyev drills deeper into this. You can listen to our insights here or below. You can read more […]
Attention accountants. Don’t get blamed by your client when a DPN goes to the wrong address
The ATO’s ‘debt holiday’ is well and truly over, and it has moved past the warning phase and has been issuing a steady stream of director penalty notices (DPNs). As an accountant, there is a fair chance you act as the registered office for your client’s company. However, you know that you can’t be responsible […]
What is a ‘share class’?
You must understand the full implications of the share structure you adopt in your companies. How you set your companies up will have a material impact on the commercial control, commercial return, tax, asset protection and estate planning outcomes you achieve.
Six ‘danger zones’ where an accountant should involve a lawyer
Our business clients are facing increasing complexity and higher risks in almost every area of their business life. Navigating these waters requires a team of professionals who work well together, and serve the client’s bests interest as a cohesive group. At the very least, every business owner needs a lawyer (of course!), an accountant, a […]
Limiting liability is not enough – you also need asset protection
New business owners are often told to operate their enterprises through a ‘proprietary limited company’ to cap their liability if something goes wrong. This is good advice, but it is nowhere near the end of the story. You also need to protect your assets. How does a proprietary limited company work? A proprietary limited company […]
What is ‘asset protection’?
‘Asset protection’ is the phrase given to strategies that seek to keep assets out of harm’s way. Want to know more about this strategy?
Setting up a company in Australia
After deciding that a company suits your requirements as the entity through which to operate your business, follow these steps to get your company up and running.