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PAS2008

Choosing a Business Structure before you start

Choosing a Business Structure before you start

There are three main business structures in New Zealand: Sole trader, Partnership and Company. Each of them has advantages and disadvantages. For a Company, it must be registered. Compared with the others, incorparting a company is more complicated, subject to more regulations and higher costs. However, a company has advantages that it is an independent entity, the…