Simple, cost-effective and light on admin. What’s not to love? A sole trader is the structure of choice for those who want the freedom to trade on their own – and call all the shots.
Thinking two heads are better than one? A partnership opens-up multiple resource streams and shared responsibility, without the red tape of a company structure.
Ready to go big? A company is an entity of it’s own, standing free of your personal assets. It allows you to mix-up management and there are some good tax breaks to be had. Plus, it’s easy to sell or pass-on.
If you’ve already decided on your business structure, and you want to trade under your own name, then all you need is for us to arrange your ABN registration, so you can hit the ground running.
A company operates as a completely separate legal entity, distinct from its owner. The shareholder/s own the company, the director/s govern the company’s activities and, as owner, you could wear both these hats. Expect extensive ongoing admin and regulation but also some good tax breaks, and limited personal responsibility for any liabilities, like company debts.
Similar to the Company ACN Only but with the added benefit of an ABN on the side.
The ABN permits the Company to trade and to register for GST and other tax registrations.
Getting it all in one go will make your life easier down the track!
The world has enough sneaky fine print, and finding your way through mixed messages can be tricky. With Veromo, what you see is what you get. We don’t just process your setup and vanish –we’re with you for the long haul. Whether you’re a first time sole trader or a seasoned company owner, you can count on us for friendly ongoing advice, help and support.
Starting a business can be stressful and confusing. Here at Veromo, we’re all about simplifying your setup process, so to help you along the way we’ve created a library full of resources, tools and tips to make managing your business a breeze. And the best part? You get complete access with any one of our packages. One source of truth, exactly when you need it most.
We don’t believe in rolling subscriptions that are a pain to cancel, and we don’t want to access your bank account each month. Our single upfront payment covers the management fee and all your initial registrations (1-3 years). We’ll send you a reminder when your renewals are due, which we can also manage for you when the time comes. Convenient and simple.