Choose the right business structure step-by-step guide
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