I've spent the last few years IT contracting in the UK, and the best way to go there is to structure yourself as a limited liability company. This gives you a degree of protection, and there are also tax benefits if you dodge the IR35 test for a disguised employee. I'm now in Australia, and looking to set myself up to provide IT services. The three options I'm considering are: Sole trader. Private limited liability company. Registering my UK company with ASIC, and operating a local branch. I'm tempted to go the sole trader root for cost and simplicity reasons. I was wondering if anyone has any inputs on whether this is a bad idea, or if there are benefits going for a limited liability company. Thanks.