Now I have a company, what do I need to know?
Congratulations on taking the next big step in committing to your business by setting up your new company!
Hi! I’m Sonia Gibson, Director of Accounting Heart.
This is an exciting step you’ve taken and I'm sure you haven't done it lightly as trading your business through a company comes with additional responsibilities over and above what is asked of sole traders and partners in a partnership.
Most people find that there is a lot to learn when they first set up their company, so I’ve created this eBook and checklist to make the learning process as quick and smooth as possible.
I’ve compiled information from my experience as a Chartered Accountant and in setting up companies for myself and my clients into these two comprehensive resources:
The eBook
Chapter 1 - ASIC and the Corporations Act: Get clear on your responsibilities to ASIC and under the Corporations Act in your new role as company director
Chapter 2 - ATO & Tax: Discover the different types of taxes and interactions that you will have with the Australian Taxation Office
Chapter 3 - Protecting Your Business: What you need to know to protect the hard work you have put into your company
Chapter 4 - Where to go For Help: Want to know more? Resources, blog post links and contract details to help you out.
The checklist:
29 action items to help you work through the key areas of your company setup
Action items arranged to correspond to each chapter of the eBook so you can take action as you read the content
Links to supporting information where applicable.
“There are so many complexities around company setup I wasn’t aware of when I got started in business. Second time round in my new company, I’m confident I now have the right setup and know exactly what all my responsibilities are - thanks a million Sonia!”
— Karen Moloney | Blue Bean Media