Trust Structuring & Registrations

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Trust Structuring & Registrations

Small family-owned firms in Australia often use trusts as their corporate structure, and larger companies that involve multiple families often use fixed or unit trusts. In Australia, trusts aren’t viewed as distinct legal entities, thus they don’t have their own tax obligations.

The trust distributes its income to its beneficiaries, who are then responsible for paying taxes on their own income. Trusts are created through a deed, not by being registered with the ASIC.

The trusts must register for an Australian Business Number in order to conduct business. Every trust should be required to appoint an Australian resident trustee and public officer.

Business & Company Practice Areas

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Company Structuring And Registrations

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Trust Structuring & Registrations

Small family-owned firms in Australia often use trusts as their corporate structure, and larger companies that involve multiple families often use fixed or unit trusts.. Learn More

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