A special purpose vehicle (SPV) is a separate formal structure (either a company or a trust) that brings together separate parties, such as a developer and an investor, for the purpose of a property development.
The structure of your business and the people involved will determine who has ownership and who has control.It is important you understand the difference and how it may impact you moving forward.
Directors face many areas of potential exposure, some of them are very serious and may have a significant adverse effect on the director.
The good news is that the JobKeeper payment is also available to business owners that operate as Sole traders, Partnerships, Trusts and Companies.
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