If you’re thinking about tidying your corporate structure, now is the time to do it. Amid fears of global economic downturn in 2023, Australia’s inflation problem is intensifying. Yet, according to a recent survey by JPMorgan, Australian business leaders are cautiously optimistic about the economy. In times of economic uncertainty, it is prudent that directors consider restructuring to improve efficiencies, keep pace with market conditions and minimise costs by closing dormant or inactive entities.
