It requires to pay a decent amount of money to register the proprietary limited company in Australia. If you haven’t registered with the company, then you will be regarded as a sole trader. If you are setting up the company or purchasing the existing one, you will figure out the start-up costs such as accounting fees, stock, furniture, staff wages, cash is required till you start earning from your business.

Setting up a company requires cash, so, you need to plan and forecast the expenses that will occur initially.