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Select a Label to place on the image: Limited Liability and registered with ASIC There are no succession or continuity problems Is seen to be

Select a Label to place on the image:

  • Limited Liability and registered with ASIC
  • There are no succession or continuity problems
  • Is seen to be a separate identity
  • Two or more people are jointly responsible
  • Needs a legal agreement outlining ownership
  • Owner responsible for all debts and liabilities
  • Individual business owner
  • Protection of assests
  • Maximising taxation benefits
  • Legal division of income
  • Succession and continuity of ownership

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