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JamesMillar, post: 246773, member: 5318 wrote:
And I might add – rarely do we ever come across anyone that fully understands the issues associated with starting and running these entities. Get professional advice.

Completely agree – the value-add from your lawyer/accountant is explaining and answering the myriad of questions you will no doubt have – separately they should be able to advise on WHY this structure is ideal for your specific circumstances compared to other structures. Around the $2k mark is reasonable given the time and stamp duty, ASIC fees, etc. involved, although as noted above – those that know what they’re doing can get away with setting it up for less.