Companies are very popular business structures and offer a number of advantages over Sole Trader and Partnership structures, particularly in the areas of asset protection and finance raising.
However they are also more complex structures, and cost more to set up and administer.
This week’s infographic takes a look at Companies: their key features, pros and cons.
Next week we’ll bring you the final in our Business Structure infographic series: Trusts.
If you would like advice regarding how to structure your business entity, contact the experienced business advisory team at JPAbusiness for a confidential, obligation-free discussion.
DISCLAIMER
The information contained in this blog is general in nature and should not be taken as personal, professional or taxation advice. You ought to make your own inquiries and seek independent, professional advice before taking action or relying on any information in this blog. As tax legislation is subject to change, we cannot guarantee the timeliness of the information provided.
Last updated November 2019.