Costs of setting up a business
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Are you thinking about starting your own business?
Here you will find an overview of the costs associated with setting up a business.
A SOLE TRADER has relatively low start-up and accounting costs due to its relatively simple structure.
So I'd say you'd be paying somewhere between 300 and 1,000 in fees every year.
A COMPANY and TRUST structure are less simple and involve slightly more complex administration and obligations.
So you can expect to pay up to $4,000 in accounting fees every year. Please note that this does not normally include accounting costs.
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