On 11/05/2010, at 1:36 PM, Joshua Partogi wrote:
Hi Bart,
Thank you for the explanation and the insights. It is really helpful
to get me started. Yes it will only be me at the time being. Do I
still need to apply for a Pty. Ltd? It the $400 a one time payment?
If it's just you and you aren't likely to get sued then you can just
stay in partnership or whatever the solo equivalent of that is. We did
that for many years. Tax is more complicated with pty ltd and only
pays for itself once you reach 80kish... or at least thats what our
accountant said. Speak to one of those. They are the ones who know.
Kind regards,
Joshua
On May 11, 1:06 pm, "Bart Jellema" <bart.jell...@tjoos.com> wrote:
I think an ABN will get you started, but if you start with multiple
founders
or need limited liability I'd go for a Pty Ltd. Cost to register it
with
ASIC is about $400 and we didn't use a lawyer when we did it. The
form is
quite simple. Is it just you or do you have co-founders?
-----Original Message-----
From: silicon-beach-australia@googlegroups.com
[mailto:silicon-beach-austra...@googlegroups.com] On Behalf Of Joshua
Partogi
Sent: Tuesday, 11 May 2010 12:41 PM
To: silicon-beach-australia@googlegroups.com
Subject: [SiliconBeach] Startup friendly business incorporation
Dear all,
What is the procedure to run a startup in Australia? Is only having
an
ABN good enough? And what is the startup friendly incorporation in
Australia? In the US, LLC is considered as an option for startup. Is
there anything like LLC in Australia?
Thank you very much in advance for your assistance.
Kind regards,
Joshua
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