{"id":7627,"date":"2024-12-14T11:23:39","date_gmt":"2024-12-14T00:23:39","guid":{"rendered":"https:\/\/aerogroup.com.au\/?p=7627"},"modified":"2024-12-16T11:25:41","modified_gmt":"2024-12-16T00:25:41","slug":"company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business","status":"publish","type":"post","link":"https:\/\/aerogroup.com.au\/zh\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/","title":{"rendered":"Company vs Trust: Which Is the Best Business Structure for Your Growing Australian Business?"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"7627\" class=\"elementor elementor-7627\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3550356 elementor-section-height-min-height elementor-section-boxed elementor-section-height-default elementor-section-items-middle\" data-id=\"3550356\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;background_motion_fx_motion_fx_scrolling&quot;:&quot;yes&quot;,&quot;background_motion_fx_translateY_effect&quot;:&quot;yes&quot;,&quot;background_motion_fx_translateY_speed&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:3,&quot;sizes&quot;:[]},&quot;shape_divider_bottom&quot;:&quot;waves&quot;,&quot;_ob_glider_is_slider&quot;:&quot;no&quot;,&quot;background_motion_fx_translateY_affectedRange&quot;:{&quot;unit&quot;:&quot;%&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:{&quot;start&quot;:0,&quot;end&quot;:100}},&quot;background_motion_fx_devices&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;]}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 1000 100\" preserveaspectratio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M421.9,6.5c22.6-2.5,51.5,0.4,75.5,5.3c23.6,4.9,70.9,23.5,100.5,35.7c75.8,32.2,133.7,44.5,192.6,49.7\tc23.6,2.1,48.7,3.5,103.4-2.5c54.7-6,106.2-25.6,106.2-25.6V0H0v30.3c0,0,72,32.6,158.4,30.5c39.2-0.7,92.8-6.7,134-22.4\tc21.2-8.1,52.2-18.2,79.7-24.2C399.3,7.9,411.6,7.5,421.9,6.5z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-aff12b1\" data-id=\"aff12b1\" data-element_type=\"column\" data-settings=\"{&quot;_ob_column_hoveranimator&quot;:&quot;no&quot;,&quot;_ob_column_has_pseudo&quot;:&quot;no&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b4c66a5 ob-harakiri-inherit ob-has-background-overlay elementor-widget elementor-widget-heading\" data-id=\"b4c66a5\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_harakiri_text_clip&quot;:&quot;none&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Company vs Trust: Which Is the Best Business Structure for Your Growing Australian Business?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1820160 ob-has-background-overlay elementor-widget elementor-widget-spacer\" data-id=\"1820160\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_spacerat_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-38a73ce elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"38a73ce\" data-element_type=\"section\" data-settings=\"{&quot;_ob_glider_is_slider&quot;:&quot;no&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1d3bec7\" data-id=\"1d3bec7\" data-element_type=\"column\" data-settings=\"{&quot;_ob_column_hoveranimator&quot;:&quot;no&quot;,&quot;_ob_column_has_pseudo&quot;:&quot;no&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-da6f20b ob-has-background-overlay elementor-widget elementor-widget-image\" data-id=\"da6f20b\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_photomorph_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"768\" src=\"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2024\/12\/3-1-768x768.jpg\" class=\"attachment-medium_large size-medium_large wp-image-7617\" alt=\"\" srcset=\"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2024\/12\/3-1-768x768.jpg 768w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2024\/12\/3-1-300x300.jpg 300w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2024\/12\/3-1-1024x1024.jpg 1024w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2024\/12\/3-1-150x150.jpg 150w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2024\/12\/3-1-12x12.jpg 12w, https:\/\/aerogroup.com.au\/wp-content\/uploads\/2024\/12\/3-1.jpg 1080w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3d934db ob-harakiri-inherit ob-has-background-overlay elementor-widget elementor-widget-text-editor\" data-id=\"3d934db\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_postman_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h1 dir=\"ltr\" style=\"line-height: 1.38; text-align: center; margin-top: 12pt; margin-bottom: 12pt;\"><span style=\"font-size: 22pt; font-family: Quicksand,sans-serif; color: #20bb78; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Company vs Trust:<\/span> <span style=\"font-size: 22pt; font-family: Quicksand,sans-serif; color: #434343; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Which Is the Best Business Structure for Your Growing Australian Business?<\/span><\/h1><p><b id=\"docs-internal-guid-ed935146-7fff-0901-938d-7b9a3e0aa598\" style=\"font-weight: normal;\">\u00a0<\/b><\/p><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Starting or growing a business in Australia comes with some big decisions, and one of the most important is picking the right business structure. The structure you choose affects how much tax you pay, your responsibilities, and how you protect your personal assets.<\/span><\/p><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Here\u2019s a quick and simple breakdown of the four most common business structures in Australia: Sole Trader, Partnership, Company, and Trust.<\/span><\/p><h3 dir=\"ltr\" style=\"line-height: 1.38; margin-top: 14pt; margin-bottom: 4pt;\"><span style=\"font-size: 15pt; font-family: Quicksand,sans-serif; color: #20bb78; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">1. Sole Trader: Easy and Low-Cost<\/span><\/h3><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">A Sole Trader is the simplest and cheapest way to start a business. It\u2019s just you running the business, and you make all the decisions. The downside? You\u2019re personally responsible for any debts the business gets into. Also, all the income you earn is taxed at your personal tax rate.<\/span><\/p><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Main Points:<\/span><\/p><ul style=\"margin-top: 0; margin-bottom: 0; padding-inline-start: 48px;\"><li dir=\"ltr\" style=\"list-style-type: disc; font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre;\" aria-level=\"1\"><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 0pt;\" role=\"presentation\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Liability:<\/span><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\"> You\u2019re responsible for any debts.<\/span><\/p><\/li><li dir=\"ltr\" style=\"list-style-type: disc; font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre;\" aria-level=\"1\"><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\" role=\"presentation\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Tax:<\/span><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\"> Business income is taxed like your personal income.<\/span><\/p><\/li><li dir=\"ltr\" style=\"list-style-type: disc; font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre;\" aria-level=\"1\"><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 12pt;\" role=\"presentation\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Cost:<\/span><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\"> Easy and low-cost to start, with few legal requirements.<\/span><\/p><\/li><\/ul><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">This option is great if you\u2019re starting small but be careful about the risks to your personal assets.<\/span><\/p><h3 dir=\"ltr\" style=\"line-height: 1.38; margin-top: 14pt; margin-bottom: 4pt;\"><span style=\"font-size: 15pt; font-family: Quicksand,sans-serif; color: #20bb78; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">2. Partnership: Shared Control<\/span><\/h3><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">A Partnership is when two or more people run a business together. It\u2019s simple to set up and the responsibilities (and profits) are shared. However, all partners are equally responsible for any debts, even if only one partner caused them.<\/span><\/p><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Main Points:<\/span><\/p><ul style=\"margin-top: 0; margin-bottom: 0; padding-inline-start: 48px;\"><li dir=\"ltr\" style=\"list-style-type: disc; font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre;\" aria-level=\"1\"><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 0pt;\" role=\"presentation\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Liability:<\/span><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\"> You and your partner(s) share responsibility for debts.<\/span><\/p><\/li><li dir=\"ltr\" style=\"list-style-type: disc; font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre;\" aria-level=\"1\"><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\" role=\"presentation\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Tax:<\/span><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\"> Each partner pays tax on their share of the profits.<\/span><\/p><\/li><li dir=\"ltr\" style=\"list-style-type: disc; font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre;\" aria-level=\"1\"><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 12pt;\" role=\"presentation\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Cost:<\/span><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\"> Affordable, but it\u2019s smart to have a legal agreement to avoid disputes.<\/span><\/p><\/li><\/ul><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Partnerships work well if you\u2019re working with others, but keep in mind you share the risks too.<\/span><\/p><h3 dir=\"ltr\" style=\"line-height: 1.38; margin-top: 14pt; margin-bottom: 4pt;\"><span style=\"font-size: 15pt; font-family: Quicksand,sans-serif; color: #20bb78; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">3. Company: Separate Legal Entity<\/span><\/h3><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">A Company is a separate legal entity from its owners. This means it offers more protection because the company\u2019s debts are separate from your personal assets. Companies are taxed at a flat rate (25% or 30%), which is often lower than individual tax rates. However, setting up and running a company costs more due to legal and reporting requirements.<\/span><\/p><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Main Points:<\/span><\/p><ul style=\"margin-top: 0; margin-bottom: 0; padding-inline-start: 48px;\"><li dir=\"ltr\" style=\"list-style-type: disc; font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre;\" aria-level=\"1\"><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 0pt;\" role=\"presentation\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Liability:<\/span><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\"> Your personal assets are protected.<\/span><\/p><\/li><li dir=\"ltr\" style=\"list-style-type: disc; font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre;\" aria-level=\"1\"><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\" role=\"presentation\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Tax:<\/span><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\"> The company\u2019s profits are taxed at a flat rate.<\/span><\/p><\/li><li dir=\"ltr\" style=\"list-style-type: disc; font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre;\" aria-level=\"1\"><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 12pt;\" role=\"presentation\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Cost:<\/span><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\"> Higher setup and ongoing costs compared to a Sole Trader or Partnership.<\/span><\/p><\/li><\/ul><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Companies are a good choice for businesses that are growing and need more protection from personal liability.<\/span><\/p><h3 dir=\"ltr\" style=\"line-height: 1.38; margin-top: 14pt; margin-bottom: 4pt;\"><span style=\"font-size: 15pt; font-family: Quicksand,sans-serif; color: #20bb78; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">4. Trust: Flexible and Secure<\/span><\/h3><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">A Trust is set up to manage business assets for the benefit of others (called beneficiaries). Trusts can be useful for tax purposes and protecting assets, but they are more complicated and expensive to run. A trustee is responsible for managing the business on behalf of the beneficiaries.<\/span><\/p><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Main Points:<\/span><\/p><ul style=\"margin-top: 0; margin-bottom: 0; padding-inline-start: 48px;\"><li dir=\"ltr\" style=\"list-style-type: disc; font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre;\" aria-level=\"1\"><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 0pt;\" role=\"presentation\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Liability:<\/span><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\"> Using a corporate trustee can protect personal assets.<\/span><\/p><\/li><li dir=\"ltr\" style=\"list-style-type: disc; font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre;\" aria-level=\"1\"><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\" role=\"presentation\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Tax:<\/span><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\"> Income is distributed to beneficiaries, who are taxed individually.<\/span><\/p><\/li><li dir=\"ltr\" style=\"list-style-type: disc; font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre;\" aria-level=\"1\"><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 12pt;\" role=\"presentation\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Cost:<\/span><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\"> More expensive to set up and maintain but offers good protection.<\/span><\/p><\/li><\/ul><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Trusts are best for long-term planning and businesses focused on asset protection.<\/span><\/p><h3 dir=\"ltr\" style=\"line-height: 1.38; margin-top: 14pt; margin-bottom: 4pt;\"><span style=\"font-size: 15pt; font-family: Quicksand,sans-serif; color: #20bb78; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Why Does Your Business Structure Matter?<\/span><\/h3><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">The structure you choose affects how you\u2019re taxed, how much responsibility you have for debts, and how easy it is to raise money or grow. For example, a Sole Trader has fewer costs but takes on more personal risk, while a Company offers protection but comes with more paperwork.<\/span><\/p><h3 dir=\"ltr\" style=\"line-height: 1.38; margin-top: 14pt; margin-bottom: 4pt;\"><span style=\"font-size: 15pt; font-family: Quicksand,sans-serif; color: #20bb78; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">How to Set Up Your Business<\/span><\/h3><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Once you\u2019ve picked your structure, follow these simple steps:<\/span><\/p><ol style=\"margin-top: 0; margin-bottom: 0; padding-inline-start: 48px;\"><li dir=\"ltr\" style=\"list-style-type: decimal; font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre;\" aria-level=\"1\"><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 0pt;\" role=\"presentation\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Get an ABN (Australian Business Number).<\/span><\/p><\/li><li dir=\"ltr\" style=\"list-style-type: decimal; font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre;\" aria-level=\"1\"><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\" role=\"presentation\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Register for GST<\/span><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\"> if you expect to earn over $75,000 a year.<\/span><\/p><\/li><li dir=\"ltr\" style=\"list-style-type: decimal; font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre;\" aria-level=\"1\"><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\" role=\"presentation\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Get insurance<\/span><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\"> to protect your business.<\/span><\/p><\/li><li dir=\"ltr\" style=\"list-style-type: decimal; font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre;\" aria-level=\"1\"><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 0pt;\" role=\"presentation\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Open a separate bank account<\/span><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\"> for your business.<\/span><\/p><\/li><li dir=\"ltr\" style=\"list-style-type: decimal; font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre;\" aria-level=\"1\"><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 0pt; margin-bottom: 12pt;\" role=\"presentation\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Set up accounting software<\/span><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\"> to track your income and expenses.<\/span><\/p><\/li><\/ol><h3 dir=\"ltr\" style=\"line-height: 1.38; margin-top: 14pt; margin-bottom: 4pt;\"><span style=\"font-size: 15pt; font-family: Quicksand,sans-serif; color: #20bb78; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Need Help Deciding?<\/span><\/h3><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Choosing the right business structure is important because it affects your taxes, legal obligations, and risk. If you\u2019re unsure which structure is best for your business, getting professional advice can make a big difference.<\/span><\/p><p>\u00a0<\/p><p dir=\"ltr\" style=\"line-height: 1.38; margin-top: 12pt; margin-bottom: 12pt;\"><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: bold; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">Contact Aero Accounting Group<\/span><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\"> for expert advice on choosing the best structure for your business. We\u2019re here to help you make the right choice to set your business up for success.<\/span><\/p><div><span style=\"font-size: 13pt; font-family: Quicksand,sans-serif; color: #000000; background-color: transparent; font-weight: 400; font-style: normal; font-variant: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;\">\u00a0<\/span><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-40e7aa8 ob-has-background-overlay elementor-widget elementor-widget-image\" data-id=\"40e7aa8\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_photomorph_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1536\" height=\"768\" src=\"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2023\/08\/Minimise-your-taxes-Maximise-your-profits-min.png\" class=\"attachment-1536x1536 size-1536x1536 wp-image-5566\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3cf03dc ob-harakiri-inherit ob-has-background-overlay elementor-widget elementor-widget-text-editor\" data-id=\"3cf03dc\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_postman_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bcde89d ob-harakiri-inherit ob-has-background-overlay elementor-widget elementor-widget-heading ob-harakiri\" data-id=\"bcde89d\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_harakiri_text_clip&quot;:&quot;none&quot;,&quot;_ob_perspektive_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;}\" data-widget_type=\"heading.default\">\n<div class=\"elementor-widget-container\">\n<h4 class=\"elementor-heading-title elementor-size-default\"><strong><span style=\"color: #2c9199;\">Need help?<\/span><\/strong><\/h4>\n<\/div>\n<\/div>\n<div class=\"elementor-element elementor-element-7a4bee5 ob-harakiri-inherit ob-has-background-overlay elementor-widget elementor-widget-text-editor ob-harakiri\" data-id=\"7a4bee5\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_postman_use&quot;:&quot;no&quot;,&quot;_ob_perspektive_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;}\" data-widget_type=\"text-editor.default\">\n<div class=\"elementor-widget-container\">\n<div class=\"elementor-text-editor elementor-clearfix\">\n<p>Not sure if your current accountant is a good long-term fit?<a href=\"https:\/\/aerogroup.com.au\/zh\/contact-2\/\">&nbsp;Contact us at Aero Accounting Group<\/a>&nbsp;today and we&#8217;ll help you minimise your taxes and maximise your profits<\/p>\n<\/div>\n<\/div>\n<\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-36a1048 ob-has-background-overlay elementor-widget elementor-widget-spacer\" data-id=\"36a1048\" data-element_type=\"widget\" data-settings=\"{&quot;_ob_spacerat_use&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;}\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Are you trying to set up your business structure? confused about Trust vs Company? Check this guide to see which works best for your business<\/p>","protected":false},"author":2,"featured_media":7617,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41,35,175,38,34],"tags":[168,205,170,185,234,232,194,193,228,166,133,233],"class_list":["post-7627","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aero-group","category-business-owner-tax-return","category-business-services","category-for-business","category-property-investor-tax-return","tag-accounting-efficiency","tag-acn","tag-budgeting-strategies","tag-business-deductions","tag-company","tag-company-vs-trust","tag-deductions","tag-missed-deductions","tag-sole-trader","tag-tax-accountants","tag-tax-deductions","tag-trust"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.9 (Yoast SEO v22.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Company vs Trust: Which Is the Best Business Structure for Your Growing Australian Business?<\/title>\n<meta name=\"description\" content=\"Are you trying to set up your business structure? confused about Trust vs Company? Check this guide to see which works best for your business\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aerogroup.com.au\/zh\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Company vs Trust: Which Is the Best Business Structure for Your Growing Australian Business?\" \/>\n<meta name=\"twitter:description\" content=\"Are you trying to set up your business structure? confused about Trust vs Company? Check this guide to see which works best for your business\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2024\/12\/3-1.jpg\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/\"},\"author\":{\"name\":\"aerogroup\",\"@id\":\"https:\/\/aerogroup.com.au\/#\/schema\/person\/3f10f653c900839e1cde3e8df8e28e64\"},\"headline\":\"Company vs Trust: Which Is the Best Business Structure for Your Growing Australian Business?\",\"datePublished\":\"2024-12-14T00:23:39+00:00\",\"dateModified\":\"2024-12-16T00:25:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/\"},\"wordCount\":720,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/aerogroup.com.au\/#organization\"},\"image\":{\"@id\":\"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2024\/12\/3-1.jpg\",\"keywords\":[\"accounting efficiency\",\"acn\",\"budgeting strategies\",\"business deductions\",\"company\",\"company vs trust\",\"deductions\",\"missed deductions\",\"sole trader\",\"tax accountants\",\"tax deductions\",\"trust\"],\"articleSection\":[\"Aero Group\",\"Business Owner Tax Return\",\"Business services\",\"For Business\",\"Property Investor Tax Return\"],\"inLanguage\":\"zh-CN\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/\",\"url\":\"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/\",\"name\":\"Company vs Trust: Which Is the Best Business Structure for Your Growing Australian Business?\",\"isPartOf\":{\"@id\":\"https:\/\/aerogroup.com.au\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2024\/12\/3-1.jpg\",\"datePublished\":\"2024-12-14T00:23:39+00:00\",\"dateModified\":\"2024-12-16T00:25:41+00:00\",\"description\":\"Are you trying to set up your business structure? confused about Trust vs Company? Check this guide to see which works best for your business\",\"breadcrumb\":{\"@id\":\"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/#breadcrumb\"},\"inLanguage\":\"zh-CN\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"zh-CN\",\"@id\":\"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/#primaryimage\",\"url\":\"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2024\/12\/3-1.jpg\",\"contentUrl\":\"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2024\/12\/3-1.jpg\",\"width\":1080,\"height\":1080},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/aerogroup.com.au\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Company vs Trust: Which Is the Best Business Structure for Your Growing Australian Business?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/aerogroup.com.au\/#website\",\"url\":\"https:\/\/aerogroup.com.au\/\",\"name\":\"Aero Accounting Group\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/aerogroup.com.au\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/aerogroup.com.au\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"zh-CN\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/aerogroup.com.au\/#organization\",\"name\":\"Aero Accounting Group\",\"url\":\"https:\/\/aerogroup.com.au\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"zh-CN\",\"@id\":\"https:\/\/aerogroup.com.au\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2021\/01\/cropped-J005086-Aero-Group-Branding-Logo-inline-Main.png\",\"contentUrl\":\"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2021\/01\/cropped-J005086-Aero-Group-Branding-Logo-inline-Main.png\",\"width\":512,\"height\":512,\"caption\":\"Aero Accounting Group\"},\"image\":{\"@id\":\"https:\/\/aerogroup.com.au\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/aerogroupaustralia\",\"https:\/\/www.linkedin.com\/company\/aero-group-australia\/\",\"https:\/\/www.instagram.com\/aerogroupaustralia\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/aerogroup.com.au\/#\/schema\/person\/3f10f653c900839e1cde3e8df8e28e64\",\"name\":\"aerogroup\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"zh-CN\",\"@id\":\"https:\/\/aerogroup.com.au\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ea16f5c1fe25baec2dda367368f65911b5196f843357adb17263efa3d918a042?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ea16f5c1fe25baec2dda367368f65911b5196f843357adb17263efa3d918a042?s=96&d=mm&r=g\",\"caption\":\"aerogroup\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Company vs Trust: Which Is the Best Business Structure for Your Growing Australian Business?","description":"Are you trying to set up your business structure? confused about Trust vs Company? Check this guide to see which works best for your business","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/aerogroup.com.au\/zh\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/","twitter_card":"summary_large_image","twitter_title":"Company vs Trust: Which Is the Best Business Structure for Your Growing Australian Business?","twitter_description":"Are you trying to set up your business structure? confused about Trust vs Company? Check this guide to see which works best for your business","twitter_image":"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2024\/12\/3-1.jpg","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/#article","isPartOf":{"@id":"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/"},"author":{"name":"aerogroup","@id":"https:\/\/aerogroup.com.au\/#\/schema\/person\/3f10f653c900839e1cde3e8df8e28e64"},"headline":"Company vs Trust: Which Is the Best Business Structure for Your Growing Australian Business?","datePublished":"2024-12-14T00:23:39+00:00","dateModified":"2024-12-16T00:25:41+00:00","mainEntityOfPage":{"@id":"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/"},"wordCount":720,"commentCount":0,"publisher":{"@id":"https:\/\/aerogroup.com.au\/#organization"},"image":{"@id":"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/#primaryimage"},"thumbnailUrl":"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2024\/12\/3-1.jpg","keywords":["accounting efficiency","acn","budgeting strategies","business deductions","company","company vs trust","deductions","missed deductions","sole trader","tax accountants","tax deductions","trust"],"articleSection":["Aero Group","Business Owner Tax Return","Business services","For Business","Property Investor Tax Return"],"inLanguage":"zh-CN"},{"@type":"WebPage","@id":"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/","url":"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/","name":"Company vs Trust: Which Is the Best Business Structure for Your Growing Australian Business?","isPartOf":{"@id":"https:\/\/aerogroup.com.au\/#website"},"primaryImageOfPage":{"@id":"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/#primaryimage"},"image":{"@id":"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/#primaryimage"},"thumbnailUrl":"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2024\/12\/3-1.jpg","datePublished":"2024-12-14T00:23:39+00:00","dateModified":"2024-12-16T00:25:41+00:00","description":"Are you trying to set up your business structure? confused about Trust vs Company? Check this guide to see which works best for your business","breadcrumb":{"@id":"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/#breadcrumb"},"inLanguage":"zh-CN","potentialAction":[{"@type":"ReadAction","target":["https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/"]}]},{"@type":"ImageObject","inLanguage":"zh-CN","@id":"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/#primaryimage","url":"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2024\/12\/3-1.jpg","contentUrl":"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2024\/12\/3-1.jpg","width":1080,"height":1080},{"@type":"BreadcrumbList","@id":"https:\/\/aerogroup.com.au\/company-vs-trust-which-is-the-best-business-structure-for-your-growing-australian-business\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/aerogroup.com.au\/"},{"@type":"ListItem","position":2,"name":"Company vs Trust: Which Is the Best Business Structure for Your Growing Australian Business?"}]},{"@type":"WebSite","@id":"https:\/\/aerogroup.com.au\/#website","url":"https:\/\/aerogroup.com.au\/","name":"Aero Accounting Group","description":"","publisher":{"@id":"https:\/\/aerogroup.com.au\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/aerogroup.com.au\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"zh-CN"},{"@type":"Organization","@id":"https:\/\/aerogroup.com.au\/#organization","name":"Aero Accounting Group","url":"https:\/\/aerogroup.com.au\/","logo":{"@type":"ImageObject","inLanguage":"zh-CN","@id":"https:\/\/aerogroup.com.au\/#\/schema\/logo\/image\/","url":"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2021\/01\/cropped-J005086-Aero-Group-Branding-Logo-inline-Main.png","contentUrl":"https:\/\/aerogroup.com.au\/wp-content\/uploads\/2021\/01\/cropped-J005086-Aero-Group-Branding-Logo-inline-Main.png","width":512,"height":512,"caption":"Aero Accounting Group"},"image":{"@id":"https:\/\/aerogroup.com.au\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/aerogroupaustralia","https:\/\/www.linkedin.com\/company\/aero-group-australia\/","https:\/\/www.instagram.com\/aerogroupaustralia\/"]},{"@type":"Person","@id":"https:\/\/aerogroup.com.au\/#\/schema\/person\/3f10f653c900839e1cde3e8df8e28e64","name":"aerogroup","image":{"@type":"ImageObject","inLanguage":"zh-CN","@id":"https:\/\/aerogroup.com.au\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ea16f5c1fe25baec2dda367368f65911b5196f843357adb17263efa3d918a042?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ea16f5c1fe25baec2dda367368f65911b5196f843357adb17263efa3d918a042?s=96&d=mm&r=g","caption":"aerogroup"}}]}},"_links":{"self":[{"href":"https:\/\/aerogroup.com.au\/zh\/wp-json\/wp\/v2\/posts\/7627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aerogroup.com.au\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aerogroup.com.au\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aerogroup.com.au\/zh\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/aerogroup.com.au\/zh\/wp-json\/wp\/v2\/comments?post=7627"}],"version-history":[{"count":4,"href":"https:\/\/aerogroup.com.au\/zh\/wp-json\/wp\/v2\/posts\/7627\/revisions"}],"predecessor-version":[{"id":7631,"href":"https:\/\/aerogroup.com.au\/zh\/wp-json\/wp\/v2\/posts\/7627\/revisions\/7631"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aerogroup.com.au\/zh\/wp-json\/wp\/v2\/media\/7617"}],"wp:attachment":[{"href":"https:\/\/aerogroup.com.au\/zh\/wp-json\/wp\/v2\/media?parent=7627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aerogroup.com.au\/zh\/wp-json\/wp\/v2\/categories?post=7627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aerogroup.com.au\/zh\/wp-json\/wp\/v2\/tags?post=7627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}