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Buying or selling a residential property?

With our Residential Conveyancing Offer, we offer fixed fees of $990 (plus disbursements) for your purchase or sale. Conditions apply. | See more …

Have you been charged with a criminal or traffic offence?

We offer fixed fees from $1100 for one of our Lawyers to appear on one day at any Local Court in Sydney. Conditions apply. | See more …

Buying a property and need a home loan?

Our experienced Brokers can help you compare interest rates and home loans, at no cost to you in the comfort of your own home. | See more …

Do you need to lodge your personal Tax Return?

Our Public Accountants & Tax Agents charge a flat fee of $143 for your Individual salary or income tax returns. Conditions apply. | See more …

Secure your financial future. Plan today, enjoy tomorrow.

Create wealth. Minimise tax. Structured tailored solutions. Arrange a free consultation with a Financial Advisor today. Conditions apply. | See more …

You don't have a will? Don’t leave it until it’s too late...

We can help. Our lawyers will obtain an understanding of your situation and complete your simple will for $330. Conditions apply. | See more …

Conveyancing & Will Offer

Fixed fees of $1190 (plus disbursements) for the sale or purchase of residential property & a simple will. Conditions apply. | See more …

Are you thinking of setting up a Company?

For a fixed fee of $550 plus disbursements, our Public Accountants can help you complete the puzzle of Company Registration. | See more …

Going to Court? Strategy is key.

You may feel like you are all alone and that the odds are against you. Speak to one of our experienced Litigation Solicitors. | See more …

Get the right legal advice for your business.

When it comes to your business, precision is key. Speak to one of our experienced Business & Commercial Law Solicitors. | See more …

Do you have a civil or commercial dispute?

Our Litigation Lawyers focus on delivering cost effective, strategic solutions to your legal dispute. | See more …

What are your legal rights? Do you know where you stand?

Don’t feel discouraged. We can help. For an agreed fixed fee, we can provide you with a preliminary legal opinion. | See more …

Are you considering setting up a Trust?

For a fixed fee of $880 plus Disbursements, our Public Accountants can help you establish a Discretionary, Family, Hybrid or Unit Trusts. | See more …

Are you thinking of setting up an SMSF?

For a fixed fee of $550 plus disbursements, our Public Accountants can help you register your SMSF. Conditions apply. | See more …

Are you thinking of setting up a Business and Company?

For a fixed fee of $825 plus disbursements, our Public Accountants can help you register your Business & Company. Conditions apply. | See more …

Have you considered seeking Estate Planning legal advice?

We offer a special package of $990.00 including GST, for a simple Will, Power of Attorney and Enduring Guardianship. Conditons Apply. | See more …

Become a Navado Private client

Navado Legal & Financial Group can provide a total synergistic legal and financial solution tailored to your circumstances. | See more …

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What is a company?

A company is but one of the many different ways in which to operate a business. Depending on your circumstances or situation, there may be many benefits of operating as a company rather than as a partnership. However, whether a company is right for you will depend on your business objectives, purpose and unique character. A Sydney tax accountant or Sydney accountant can help you determine which structure is suitable for you. Specifically, Navado’s Sydney tax accountants and Sydney accountants are highly experienced in helping individuals, families and partners set up new businesses.

A company is a distinct entity, able to be prosecuted, sue or be sued. A company is a separate entity that is able to accrue and dispose of assets and liabilities.

A company must be incorporated under the Corporations Act 2001 as either a proprietary company (limited by shares or unlimited with share capital) or a public company (limited by shares or guarantee, unlimited with share capital or a no liability company). A proprietary company is limited to 50 non-employee shareholders and are less regulated than public companies. They are normally used for the purposes of operating smaller businesses.

Companies are run by directors (either executive or non-executive) who report to the shareholders on profits and loss and are responsible for ensuring the company remains solvent and legally compliant. Directors may be prosecuted personally for failing to carry out their duties or taking action injurious to the company so it is imperative that they act in good faith at all times.

Benefits of a company

Perpetual succession and limited liability are amongst the greatest benefits that may flow, when operating with a company structure. There may also be a varierty of tax benefits, including the following:-

  • superannuation contributions made by a company for employees may be claimed as a tax deduction
  • companies may be eligible to make retirement payments to employed family members
  • ability to take advantage of fringe benefits tax (FBT)
  • the company tax rate is lower than the highest marginal tax rate for individuals

For more information on the benefits of operating an enterprise through a company structure, contact a tax accountant today. We can conduct a business health check-up to help you determine whether running your business through a company is the most tax effective and profitable approach. 

 

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This webpage (and any material or wording appearing on this webpage) is provided for general information purposes only and does not constitute any Tax or Accounting Advice. It does not take into account your objectives, financial situation or needs or your instructions or all of the relevant facts and/or circumstances. Navado accepts no responsibility to any person who relies on the information provided on this website. We further refer you to our Disclaimer.

If you require assistance with a Tax or Accounting matter, you should make an appointment to speak to a Public Accountant in our Sydney CBD Head Office.
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Level 10, 309 Pitt Street.

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821 Pacific Highway.

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