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Business structures
Types of business structures
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Choose your business structure
Learn about the different business structures and how to choose the right one for your business.
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Sole trader
A sole trader is legally responsible for all aspects of the business. Learn about being a sole trader and your superannuation options.
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Company
A company is a legal entity that’s separate from you. Find out about company structures and the tax and legal obligations.
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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.
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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
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Change your business structure
Find out what you need to consider when you change your business structure and common reasons for changing.
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Dissolve your business partnership
Learn how to dissolve a business partnership and comply with your legal obligations.
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Difference between a sole trader and a company
Learn about the main differences between sole traders and companies.
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Tax differences between a sole trader and a company
Understand the tax differences between sole traders and companies.
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Change your sole trader business to a company
Learn how to change your business from a sole trader structure to a company structure.