We use cookies to give you a better experience on our website. Learn more about how we use cookies and how you can select your preferences.
Business structures
Choose the business structure that's right for your business. Learn about the different structures, how to choose one and what to do if you want to change your structure.
Types of business structures
-
Choose your business structure
Learn about the different business structures and how to choose the right one for your business.
-
Sole trader
A sole trader is legally responsible for all aspects of the business. Learn about being a sole trader and your superannuation options.
-
Company
A company is a legal entity that’s separate from you. Find out about company structures and the tax and legal obligations.
-
Partnership
Partnerships are 2 or more people who distribute income or losses between themselves. Learn about partnerships and the laws in your state or territory.
-
-
-
-
Joint venture
A joint venture is 2 or more parties working together on a specific task or project. Learn about the benefits of a joint venture and what an agreement includes.
Changing your business structure
-
Change your business structure
Find out what you need to consider when you change your business structure and common reasons for changing.
-
Dissolve your business partnership
Learn how to dissolve a business partnership and comply with your legal obligations.
-
Difference between a sole trader and a company
Learn about the main differences between sole traders and companies.
-
Tax differences between a sole trader and a company
Understand the tax differences between sole traders and companies.
-
Change your sole trader business to a company
Learn how to change your business from a sole trader structure to a company structure.