Different Ownership Structures –
Advantages and Disadvantages

There are several different ownership structures that can be used to capture your business activities.

Each has it’s own pro’s and con’s – advantages and disadvantages. The right structure for you will depend on many things such as what type of business you are running and what level of protection you require for your personal assets. For example, a company structure is more complex and expensive to maintain than a Sole Trader however, it offers more protection for your personal assets.

Each structure also has it’s own legal and financial obligations. In New Zealand, we most commonly operate under Sole Trader, Partnership and Company structures.

Read our summary of the advantages and disadvantages below…

It is beneficial to set yourself with up the most appropriate structure from the beginning to minimise administration and compliance costs. We can help.

We outline the general differences below between Sole Trader, Partnership, Company and Trust below in order to give you an introduction and overview.

If you would like to discuss your options further, please feel free to get in touch.  We’ll be happy to chat, and your first appointment is free!

Different Ownership Structures