QLD Business Structure - Raising Capital and Family Trust?

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Natasha Dao

Member
27 August 2014
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Intended to get investors on board to help in assisting with raising capitals for my new businesses. Looking at setting up a Company Pty Ltd (proprietary limited company) or Company Ltd (public company) for company registration.

Also have intended to make voluntary contributions to at least one charity. I intend for this to be be structured partly as contribution to one of the beneficiary or as a 'gift' in the family trust?

Appreciate of any help in my queries above.

Cheers.
 

John R

Well-Known Member
14 April 2014
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Sydney
Hi @Natasha Dao,
Your question is difficult to respond to without knowing the nature of your business or the scale of any capital raising.
That said, given the complexity of your situation (involving new company incorporation, capital raising and charitable distributions), you may consider:
  • contacting your accountant/financial advisor to advise on the financial and tax pros/cons of different structures/options; and
  • engaging a lawyer to advise on any legal pros/cons of the structure/s recommended by your accountant.
Hope this helps. Please keep us updated with your progress.
 
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Natasha Dao

Member
27 August 2014
3
0
1
Hi @Natasha Dao,
Your question is difficult to respond to without knowing the nature of your business or the scale of any capital raising.
That said, given the complexity of your situation (involving new company incorporation, capital raising and charitable distributions), you may consider:
  • contacting your accountant/financial advisor to advise on the financial and tax pros/cons of different structures/options; and
  • engaging a lawyer to advise on any legal pros/cons of the structure/s recommended by your accountant.
Hope this helps. Please keep us updated with your progress.
Hi John,

Thank you for your advice and will be further questioning these to my account/lawyer. New and early beginnings to my business ideas.

Most likely you will hear from me after more queries as I will soon discover into this new venture. Do appreciate where ever you can to help me with your knowledge in this areas of commercial law. It's an exciting time but also a lot of researching and new learnings from my end but do love. I know in setting up an intended dynamic company with multiple businesses, which may need to be later on become separate entities and also factoring the whole scope intentions for the company in raising capital and charitable distributions. Hence, I need to make sure I am structuring this company the most suitable and rightfully way...eg. tax mitigation and benefits to be best suited for the intention of the company's purpose and structure.

Chat soon of my progress.

Regards,
Natasha
 

Natasha Dao

Member
27 August 2014
3
0
1
Hi Natasha,
You can also find some useful explanations of the different business structures (company vs trust) on the ATO page "Choosing your business structure". The QLD Government "Business legal structures" page also has helpful information.
Hi Worldly1,

Appreciate for the references of links and find to be somewhat helpful, as I have also extensively been researching along this topic of business structures. But do find the business legal structure to be a worthwhile read.

Thanks,
Natasha