In addition to advice about which business structure David should use, he has asked for advice on how to go about setting up the business. David would like to understand any legal requirements for each of the business structures.

Required Research the requirements for setting up each of the three forms of business organisation previously discussed.

In your report explain the requirements for:

(a) registering a business name and/or incorporating a company

(b) registering for income tax purposes and the goods and services tax

(c) name the relevant authorities involved for parts

(a) and (b)

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The following URLs are provided to assist you. Australia: https://www.ato.gov.au/Business/Starting-your-own-business/ https://business.gov.au/guide www.asic.gov.au/for-business/registering-a-business-name https://asic.gov.au/for-business/small-business/starting-a-small-business/ https://asic.gov.au/for-business/small-business/starting-a-company/ New Zealand: www.business.govt.nz/starting-and-stopping/entering-a-business/starting-a-business https://www.business.govt.nz/getting-started/choosing-the-right-business-structure/starting-a-company/