Change Sole Trader to Company Structure: Is It the Right Move for Your Business?

Deciding on the right business structure is crucial for any entrepreneur, as it can have significant implications for your tax obligations, legal compliance, and asset protection. However, the choice of business structure is more than just a one-time decision that remains static throughout the life of your business. As your business grows and evolves, it […]

Sole Trader vs Company – A Side-By-Side Comparison

pty ltd vs sole trader which to choose

Navigating through the decision-making process of “sole trader vs company” for your business structure can be confusing because both have pros and cons, and a business has its own individual needs to prioritise. Most people initially choose to start as sole traders. However, as they start to earn more and have to pay more taxes, […]