Smokeball. Legal Practice Guides and Precedents.

This publication deals with the various entities available to a client when conducting a business in Victoria.

The following structures are covered;
• Sole proprietorship
• Partnership
• Company
• Discretionary trust
• Unit trust
• Self-Managed Superannuation Fund

The commentary considers the stamp duty, tax, and other implications of the use of each entity.

The guide includes a unique table which compares the relative merits and disadvantages of each structure and discusses the principal considerations such as set up and administrative costs, tax, distribution of profits, and protection of assets.

It provides comprehensive guidance and helpful precedents which will enable you to confidently advise your client when establishing a legal entity through which to operate.

The commentary will guide you through the important issues such as control and succession, set up and running expenses, capital gains tax and land tax and the precedents include all the necessary agreements, deeds, letters and forms.

This guide is a must have for practitioners involved in the Corporate field and will benefit both the seasoned pros and junior solicitors.