5.0
20 Sept 2022
Anonymous employee
Current employee, more than 3 years
Recommend
CEO approval
Business outlook
Pros
- the company can trade anywhere in Australia - taxation rates can be more favourable - you'll have access to a wider capital and skills base.
Cons
- your financial affairs are public - if directors fail to meet their legal obligations, they may be held personally liable for the company's debts - profits distributed to shareholders are taxable.