Setting up a company or trust? Work with our qualified accountants to ensure the right structure, full compliance, and long-term tax efficiency. Whether you’re starting a business or managing investments, our accountants can help with ASIC registration, ABN and GST setup, trust deeds, and financial systems — all tailored to your goals. Avoid costly mistakes and get expert advice on tax planning, asset protection, and profit distribution. Choose professional support for a smooth, secure setup from day one

Set up a partnership

A partnership is a business structure where two or more people or entities run a business together, but not as a company. It’s a popular choice for small businesses due to its simple setup, low startup costs, and the ability to split income between partners for tax purposes. Partnerships also offer flexibility, making it easier to change your business structure later if your needs evolve. Before setting up a partnership, it’s wise to speak with an accountant or business advisor to ensure it’s the right structure for your goals.

Set up a Trust

A trust is a legal structure where a trustee holds assets or income on behalf of beneficiaries. Trusts are commonly used for wealth management, asset protection, and tax-effective income distribution. Benefits of setting up a trust include greater privacy than a company, flexibility in distributing income to beneficiaries, and the potential for individual tax rates to apply to trust income. However, trusts can be complex and costly to establish and maintain. The structure often involves detailed legal documentation, restricted powers for trustees as outlined in the trust deed, and challenges in accessing finance due to the complexity of loan arrangements.

Set up a Company

A company is a separate legal entity, meaning it can own assets, incur debt, and conduct business in its own name. There are several advantages to setting up a company, including limited liability for shareholders, asset protection for business owners, and access to potentially lower corporate tax rates. Setting up a company is a strategic decision — speak with a qualified accountant to ensure it’s the right structure for your business goals

Why use a specialist business accountancy practice to set up your business/company?

Get specialist advice on which company or business structure is best suited for your needs

We explain the pros and cons of each structure type

We discuss implications on IP, tax and asset protection

We take care of the appropriate paperwork and registration

We will recommend and set up accounting software (like Xero), bank accounts, and payroll systems suited to your business, so you’re not scrambling later.

We provide ongoing support for bookkeeping, BAS, payroll, and tax returns, plus advice as your business grows

We can have you up and running in a matter of hours. You’ll be registered correctly with ASIC, the ATO, ABN, TFN, GST, PAYG, and any industry-specific requirements — no guesswork, no missed steps. Ask us for an obligation free consultation. (*conditions apply) Our certified practicing accountants have acted for businesses of all sizes, from small to medium enterprises to international companies. Start your business on the right foot, with the right structure and the right advice. To find out how Tilley Business Accountants can help you, speak with one of our specialist business accountants today!

07 3397 9733