tony1999 - 5:09 am on Apr 26, 2002 (gmt 0)
Likewise I pondered whether to incorporate or not. I list below the advantages/disadvanatges in priority to me.
Advantages - The company name "protects" me against anyone trying to register a similar type .com.au domain name.
The company structure provides better protection against losing all my personal assets.
The available tax allowances are better.
Disavantages - Any (company) losses are not offset against my personal income.
There are costs of incorporation, and the for preparing & filing an annual return.
The key is to incorporate after having incurred the establishment set-up costs since they can be offset against your personal income.