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Starting a Business - Expert Tax & Company Setup Services

Launch your business with confidence. Factor1’s startup accountants specialise in company setup, registrations, and tax strategy for Australian entrepreneurs.

About Starting a Business

Launch your business with confidence. Factor1’s startup accountants specialise in company setup, registrations, and tax strategy for Australian entrepreneurs. Whether you’re registering your first ABN or planning a full company launch, we’ll make sure your financial foundations are built for growth. We help you with: Choosing the right business structure — sole trader, partnership, trust, or company Registering ABN, TFN, GST, and ASIC compliance Setting up Xero for effortless bookkeeping Designing tax-smart strategies to protect profit from the start Accessing startup finance and funding options through Factor1 Finance Our goal is simple — to turn your ideas into a financially sound, compliant, and thriving business.

Struggling With Compliance, Tax or Financial Pressure? We Are Here to Help.

Running a business in Australia comes with complex tax and compliance obligations. Factor1 supports business owners to stay compliant, reduce risk, and make confident financial decisions.

From BAS and GST lodgements to company registrations and strategic advice, we simplify the numbers so you can focus on growing your business.

The Factor1 Guarantee

No surprises. Just trusted advice.

With Factor1, you are supported by a team of qualified accountants and advisers who are focused on achieving the right outcomes for you. We are committed to:

Factor1 Accountants and Business Advisers place picture
5.0
Based on 48 reviews
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Tayla Hope profile picture
Tayla Hope
06:24 10 Sep 24
Factor 1 was a seamless experience. Answered all my questions and had lots of expert knowledge.
Ange James profile picture
Ange James
23:41 23 Jul 24
Ellen and her team are so efficient and pleasant to work with.
Ashan Sudrikku profile picture
Ashan Sudrikku
22:18 11 Jul 24
very professional and prompt service
Gan Dran profile picture
Gan Dran
01:32 25 Jun 24
Communication and responsive!

Big thanks to Ellen Soh & Terry Chung for their awesome customer service, communication with both of them is very clear & prompt. Very knowledgeable accountants with number of years of experience.

Look forward to working with them in the future!
Chris polomack profile picture
Chris polomack
06:19 27 May 24
3 years with Terry Chung. Never regretted to have changed accountant.
Thanks Factor1 🔥🔥🔥🫡
Jenny Knott profile picture
Jenny Knott
11:29 28 Apr 24
We have been with Factor1 for a number of years. Professional and approachable team and give great service and advice. Very quick in replies if we have queries. And they are very nice people.
Paul Zappa profile picture
Paul Zappa
04:22 09 Apr 24
Factor 1 have been fantastic!
They are highly responsive and provide a the necessary sense of confidence business owners need when making key decisions.
Briony Vince profile picture
Briony Vince
02:48 07 Mar 24
I have been using Factor 1 since I started my business and they are very thorough and imaginative in their solutions. They are approachable to discuss challenges that come up along the way. Recommended!

Helping You Across All Aspects of Business Accounting and Advice

Factor1 offers a complete range of professional services to support your business at every stage:

Accounting & Tax

Stay compliant and maximise your returns

Financial Planning

Plan smarter for a secure future

Taxation Services

Keep your obligations up to date with ease

Management & Strategic Consulting

Get expert insights to drive growth

Finance & Lending

Navigate funding with trusted guidance

Corporate Services

Simplify registrations, ASIC compliance and governance

Bookkeeping

Streamline records with accurate, reliable reporting