Business Formation & Advice in Sydney
Starting a business is one of the most important financial decisions you’ll ever make. At Tax Essentials in Bankstown, we specialise in helping entrepreneurs and business owners across Sydney establish the right business structure, register with the appropriate authorities, and lay the foundations for long-term success.
Whether you’re a sole trader, partnership, trust, or company, our business formation and advisory services ensure your venture is set up correctly, tax-effectively, and in full compliance with Australian regulations.
Why Business Structure Matters
Choosing the right business structure isn’t just about compliance—it directly impacts:
Tax obligations (personal vs company tax rates)
Personal liability (asset protection and risk)
Access to funding and investors
Succession planning and growth
Our expert accountants guide you through every step, ensuring your decision aligns with your business goals.
1. ABN & Business Name Registration
We handle the full process of:
Registering your business name with ASIC
Linking your ABN to GST, PAYG, and other tax obligations
2. Company Incorporation (Pty Ltd)
For clients establishing a company, we provide:
ACN setup and corporate compliance requirements
Establishing company constitutions and shareholder agreements
Ongoing ASIC annual review support
3. Trusts & Partnerships
We advise and establish:
Discretionary (family) trusts for tax flexibility
Unit trusts for investment or joint ventures
Partnership agreements that safeguard your rights and responsibilities
4. Business Structure Advice
Not sure which setup is right for you? We compare sole trader vs company vs trust vs partnership to recommend the most tax-effective and scalable structure for your goals.
5. Tax & Compliance Integration
From day one, we align your new entity with all ATO and ASIC obligations, including:
GST registration
PAYG Withholding setup
Superannuation compliance
Business Activity Statement (BAS) lodgements
Ongoing Business Advisory
At Tax Essentials, our support doesn’t stop after registration. We provide strategic business advisory to help your business thrive, including:
Budgeting and forecasting
Cashflow management
Tax planning and minimisation strategies
Payroll and bookkeeping integration (Xero, MYOB, QuickBooks)
ATO audit support
Why Choose Tax Essentials in Bankstown?
15+ years of experience helping Sydney businesses succeed
Local expertise with clients across Bankstown, Canterbury, Hurstville, and Sydney Metro
Registered tax agents and ASIC compliance specialists
Personalised advice tailored to your business goals
Competitive, transparent pricing with no hidden costs
FAQ – Business Formation in Sydney
Q: How long does it take to register a company in Sydney?
Most company registrations can be completed within 1–2 business days once we have all documentation ready.
Q: Do I need an ABN to start a business?
Yes. An ABN (Australian Business Number) is required for invoicing, GST, and tax compliance.
Q: What’s the best business structure for tax savings?
It depends on your income, growth goals, and liability risk. We’ll assess whether a sole trader, company, trust, or partnership structure provides the most tax-effective outcome.
Ready to start your business the right way?
Let’s build your business on the right foundation.
- Phone: (02) 9793 1547
- Email: admin@taxessentials.com.au
- Location: 8 66/72 Rickard Rd, Bankstown NSW 2200