If you are a business owner, it is imperative that you select the most appropriate structure for your business.

When you are selecting a structure, you need to consider the following factors:

  • tax implications;
  • asset protection;
  • estate planning; and
  • succession.

At Barraket Stanton, we will take the time to listen to you, so that we can understand your business and then explain the implications of the available business structures. The possibilities include:

  • sole trader;
  • partnership;
  • company;
  • trust (discretionary (family) trust or unit trust); or
  • joint venture.

We will then provide you with legal advice on the optimum structure for your business.

Our experienced lawyers can prepare:

  • constitutions;
  • trust deeds;
  • partnership agreements;
  • joint venture agreements; and
  • shareholder agreements.

We also believe that it is vital for business owners to understand the legal effects of the structure they have selected. This means you can make informed decisions about the future of your business. For example, if you don’t understand the legal effect of the structure you have selected, this could have adverse tax implications or you could inadvertently transfer ownership or control of the business into the wrong hands. Our lawyers pride themselves on explaining the legal implications of the business structure you have selected in a way that is understandable for non-lawyers.

We can also guide you as you work within your corporate structure on a day-to-day basis.

Furthermore, we can provide advice on restructuring companies and businesses. This may include:

  • updating your company’s constitution;
  • changing your legal entity; and
  • undertaking a major restructure of a company or business before sale or listing.

Finally, we are particularly experienced in setting up business structures in the following industries:

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