New Startups
Are you a new startup and need financial advice?
To give your business the best chance of success, it’s important to start with a clear idea of the business structure and associated costs involved, both to start the business, and then to keep it running. Your business start-up costs will vary depending on whether you’re starting from scratch, taking over an existing business, buying a franchise or have specific industry related costs. Advantage Flow is experienced in helping new startup businesses get off the ground.
Setting up a new Company?
We can assist you in setting up your company for your new business. We will advise you on the different types of companies available, what the legal and tax implications are and how this applies to your circumstances. Then we will arrange to set up and register your company for you, ensuring all legal documents and administration comply with ASIC and the Australian Taxation Office.
Forming a Trust or Partnership?
Thinking about a trust or partnership but not sure how they work? Having a trust or partnership entity is a great way to distribute income tax effectively and protect assets. We can help you choose whether a trust or partnership is suitable for your business and your circumstances, and also advise on what type of trustee to have if choosing a trust. Then we arrange to form your trust or partnership with all the relevant legal documentation and Australian Taxation Office registrations. Often a combination of a company, trust and partnership structure can be the best way to maximise both tax and commercial advantages.