Starting a business can be an exhilarating yet daunting process. Aside from the risk that the business itself might not prosper, business operators must comply with local laws.
Australia operates a free market economy, subject to certain constraints aimed at curtailing the impacts of market failure such as minimum wages and consumer protection laws.
AU2.7.1ÌýÌýÌýÌý Structure of the business
Australian businesses typically trade as:
- Ìý
•ÌýÌýÌýÌý companies
- Ìý
•ÌýÌýÌýÌý trusts
- Ìý
•ÌýÌýÌýÌý partnerships, or
- Ìý
•ÌýÌýÌýÌý sole traders
The advantage of trading through a company is that
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Web page updated on 17 Mar 2025 13:51