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Choose the right business structure step-by-step guide

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Take out the guesswork out of choosing the right structure for your business

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Sole trader? Company? Partnership? When you first start a business, you'll need to decide on its structure. Your business structure identifies how you operate as a trading business. It'll affect things like:

  • who can make important decisions
  • tax advantages and disadvantages
  • how profits and losses are shared
  • legal obligations and costs

Use our step-by-step guide to help decide what business structure is right for you.

Start here

 

 

business.vic.gov.au

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