Choosing the right business type that suits your needs is crucial. At MSM Taxation we can help you guide your business to promote success and growth. Effective planning and the right business structure can help you achieve both long- and short-term goals, as well as increase value and profitability.
If you have a good idea for a new business venture, but don’t have expertise in the legal or financial aspects of creating a new business we can help you:
- Decide on the most suitable structure for your business – sole trader, partnership, trust or company.
- Complete registration procedures with Australian Securities and Investments Commission (ASIC).
- Attend to required company secretarial documentation.
- Register an Australian Business Number (ABN) with the Australian Business Registry (ABR).
- Correspond with the Australian Tax Office (ATO) to ensure correct registration of GST, PAYGW and other taxes.
- Set up a recording system for your internal use and for complying with statutory requirements.
- Prepare a business plan, cash-flow projections, budgets, and trading forecasts.