Several issues may influence the choice of a business structure and often, the presence of competing factors make things even more difficult.
Following are the major drivers to take into consideration when choosing a structure:
- Legal minimisation of tax including exposure to future capital gains
- Loss Utilisation
- Asset Protection
- Commercial Considerations – Financing, professional associations, etc
- Family Considerations
- Flexibly to allow for change
- Stamp duty considerations
- Ease of understanding and administration
