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Level 1, Big B Arcade
50 James Street
BURLEIGH HEADS, QLD
Australia
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  • What is a Company

    30 January at 10:16 from atlas

    An incorporated company is a distinct legal entity, regulated by the Australian Securities & Investments Commission (ASIC).

    A company is a complex business structure, with higher set-up and administrative costs because of additional reporting requirements.

    A company's operations are controlled by its directors and the company is owned by its shareholders. A company provides some asset protection but directors can be legally liable for their actions and, in some cases, the debts of a company.

    Knowing the main features of a company business structure may help you decide if this structure is best for your business.