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Business structuring for your childcare centre

Before choosing an appropriate business structure for operating a childcare business, you need to carefully analyse the commercial and taxation considerations that will affect your personal situation. You need to consider, not only the immediate issues, but more importantly prospective commercial and family issues that may arise.

The types of entity structures (or combinations of) that may be considered include:

  • Sole Trader
  • Partnership
  • Limited Liability Partnership
  • Discretionary Trust
  • Unit Trust
  • Hybrid Trust
  • Service Trust
  • Company
  • Superannuation Fund

Each of these business entities have different legal, tax and commercial characteristics.

The choice of business structure is a complex process and specialist advice should be sought prior to making a decision.

For more information on the most appropriate business structure for your childcare business, please email the Guild Accountants childcare team at childcare@guildaccountants.com.au or call 1800 101 296.

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