Your tax responsibilities will change with your business structure.
You're not locked into any structure, so you can change the structure as your business changes and grows.
There are four commonly used business structures in Australia, according to the Australian Taxation Office (ATO) website - sole trader, partnership, company and Trust.
Understanding the obligations for each business structure could be the first step to help you decide which structure suits your business at any time.
For the most up-to-date information on the tax obligations of different business structures, you can refer to the ATO website.