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Sole Trader & Partnership Business Setup

Sole Trader & Partnership Business Setup

Starting your own business is an exciting journey, but the legal structure you choose can shape everything from your tax obligations to your liability.

 

Our Sole Trader and Partnership setup services help you launch with confidence, ensuring you're registered correctly and fully compliant from day one.

"I have been working with Ash for my personal and company tax returns, and have had the most incredible experience. He has provided me with guidance with support throughout this process and has given me personalised business advice that adds so much value to my business. Highly recommend Rise Accountants to anyone looking for a new accountant or anyone looking for knowledgeable business advice." 

Nathan McMahon

Sole Trader Setup Overview

We help individuals and small teams establish their businesses as either a Sole Trader or a Partnership, two of the most straightforward business structures in Australia.

Sole Trader is a business owned and operated by one person. You’re in full control and personally responsible for all aspects of the business, including profits, losses and liabilities.

Partnership is a business run by two or more people who share responsibilities, profits and obligations based on a formal or informal agreement.

Why Sole Trader & Partnership Matters

 

Starting without the right structure can lead to tax issues, legal liabilities, or unnecessary admin headaches.

We help you:

  • Choose the right structure that suits your goals and risk appetite

  • Stay compliant with Australian Taxation Office (ATO) requirements

  • Avoid penalties from incorrect or delayed registration

  • Understand your legal and financial responsibilities from the start

Why Partner with Rise Accountants

 

Choosing the right partner to set up your business can make all the difference. We combine expert knowledge with a hands-on, personalised approach to ensure your setup is smooth, compliant and aligned with your goals.

  • Tailored Advice: We don’t just fill out forms. We help you understand what structure works best for your business now and as it grows.

  • Experienced Professionals: Our team has helped hundreds of entrepreneurs and partnerships set up correctly and confidently.

  • Compliance Focused: We stay across ATO regulations, so you don’t have to.

  • End-to-End Support: From registration to strategy, we're with you at every stage.

  • Friendly, Human Support: No jargon. No confusion. Just real advice from real people who care about your business.

Want to make tax time easier and get more from your company or trust tax return?

 

Book your FREE 15 minute Discovery Call below.

Book Your Free Discovery Call

Are you looking for a team of expert advisors and strategists to help you rise to reach your Financial, Mind & Time freedom? Our team have what it takes to make a real difference through actionable insights and exceptional support.​ Book your free 15 minute discovery session to find out how we can help support you and your finances.

CERTIFIED PRACTISING ACCOUNTANTS &
CERTIFIED XERO ADVISORS

Rise Accountants is a Tax Practioners Board Registered Tax Agent, represented by this TPBR  logo
Rise Accountants are Certified Practising Accountants, represented by this CPA logo
Rise Accountants are Xero Certified Advisors and Gold Champion Partners, represented by this Xero logo

LET'S START A CONVERSATION

Questions? Send us a message via the enquiry form or email

hello@risea.com.au

 

Give us a call Monday - Friday 8.30am-5pm

(07) 3130 8057

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​Rise Accountants Brisbane

Level 1, Suite A

14 Jordan Terrace

Bowen Hills QLD 4006

Find directions to Rise Accountants via Google Maps

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