Amazon’s rise in popularity in Australia has not only brought about another option for avid online shoppers – it’s also led to a number of Aussies looking to set up their own businesses via the retail giant. If you’ve got the ideas for an Amazon-based business, McKinley Plowman has the experts to get it off the ground.
Taking your current needs and future business objectives into account, our team of Amazon experts will assist in forming the correct business structure for you to get started, including focused consideration around asset protection, tax minimisation and access to concessions. Beyond the initial structure formation for your new Amazon business, we’ll look at how we can best minimise your tax using various strategies that we tailor to you and your business – we know this isn’t a ‘one size fits all’ situation. We also work in partnership with Natalie Dwyer from ZonLister, a company that supports new businesses in making their entrance to the Amazon marketplace efficiently and profitably.
Once you are up and running, MP+ will support you with an appropriate accounting package and assist in record keeping that integrates seamlessly with Amazon. We also offer top-class bookkeeping through our CFO2Go team and can attend to all your lodgements with the Australian Taxation Office. Our holistic approach to business means we’ll never just ‘set and forget’ – you’ll be provided with ongoing advice to improve your business, maintain cash flow and ensure that your structures and other matters are up-to-date and working for you and your business.
Our affiliation through the MSI Global Alliance of Legal and Accounting Firms allows us to leverage advice and knowledge on your behalf from some of the world’s best lawyers and accountants. With this resource, you’ll have access to contacts and advice regarding the local laws, tax systems, regulations and customers of other countries you may decide to trade in.
Thinking about getting on board with starting an Amazon business? Contact us here.