Comments on: Business Structure – Sole Trader, Partnership, Trust, Company …?

By: Andrew Lind

Andrew Lind — Fri, 27 Jan 2012 06:57:14 +0000

In Queensland usually yes at the full “conveyance / transfer” rate of duty.

regards
Andrew Lind

By: Kerri

Kerri — Wed, 25 Jan 2012 11:37:30 +0000

Hello

I am currently purchasing a retail business as a sole trader…will I be liable for any stamp duty for the purchase?

By: Andrew Lind

Andrew Lind — Sun, 21 Aug 2011 23:28:26 +0000

The short answer is yes subject to some limitations like not passing yourself off as someone else, not infringing the intellectual property of someone else and limitations on offensive and place names. The Office of Fair Trading should have some good tips on all this.

Regards
Andrew Lind

By: Ricarda Atherton

Ricarda Atherton — Sun, 21 Aug 2011 22:38:22 +0000

Hello, can I be a sole trader yet have a business name that is not related to my first or last name? Note: I would register the business name. Thanks.

By: Andrew Lind

Andrew Lind — Mon, 15 Aug 2011 06:42:42 +0000

Hi Tracey

No simple answer on this one.

For example – you will need to take some specific advice form an accountant on the tax implications; a lawyer on risk management, asset protection, and liability issues on defective workmanship; and your insurer from an insurance perspective.

regards
Andrew Lind