KEY NOTE - You MUST discuss business structure with your accountant and/or your Financial Advisor - this is not advice, only education

* Sole Trader or Partnership - serves very well with low net profit/income, no/low staff
* Company - when you hit $120k income threshold, employing multiple staff, offers insurance protection, you are eligible for work-cover as director if on wages.
* Company with trust structure - similar to Company - however your assets are typically held in trust to protect yourself.
* Bucket company - Set up as a beneficiary to a trust, great for capping tax at a corporate tax rate  - Net wealth stage typically.

Always take YOUR personal and business circumstances into consideration, as it can differ for many reasons.

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