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  • Choosing your business structure

    There are four commonly used business structures in Australia:

    It's important to understand the responsibilities of each structure because the structure you choose may affect:

    • the tax you're liable to pay
    • asset protection
    • costs.

    You're not locked into any structure and you can change the structure as your business changes or grows.

    If you're unsure which structure to choose, we recommend you talk to your tax, business or legal adviser.

    Media: Choosing your business structure: Tax basics for small business Link (Duration: 03:26)


    See also:

    Last modified: 10 Nov 2016QC 31723