About this Training
This training sets out the various legal structures to consider in establishing a private practice. In Australia, there are a number of potential legal models available to newly established practices. This course provides a high level introduction to some of the options available to you.
Learning Outcomes
- What is the legal model
- The Sole Trader Model
- Advantages of
- Liability issues
- Partnership
- Joint and several liability
- Incorporated AssociationsÂ
- For completeness only.
- Proprietary Company
- Who is the principle shareholder?
- Corporate Trustees and flexibility
- Personal Services Income rules
- Trading Trusts
- Charities
- Benefits and detriments of occupying the charitable space.
- Minimum directors
- Payroll tax exemptions
- Foregoing CGT exemptions
- Should I consider a trading name
- Reserved business names
- Insurance considerations.
Audience
This webinar is suitable for any practitioner considering establishing their own private practice within Australia.Â
CPD
Practitioners can claim up to 1 CPD unit/point. This Training has been designed to run for 1 hour, however, training lengths can vary depending on the level of questions and discussion.
While Therapas takes all reasonable care to include accurate and up-to-date information regarding CPD category classifications and compliance obligations, information regarding CPD point allocation are provided as a guide only. Allocation of CPD points is subject to the CPD requirements of your personal circumstances and professional requirements. You are solely responsible for determining whether a particular product is appropriate for your CPD requirements.
Enquiries/Assistance
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, by email: [email protected]
Related Trainings
Subpoenas and Document Requests: Obligations and Rights as a Practitioner
Preparing Reports for Migration Law Matters