New Business Set Up in Wollongong

Start Smart. Build Strong.

At HMS Accounting, we help you start your business the right way, transparently, compliantly, and with confidence. Whether you're launching a side hustle, sole trader gig, or setting up a company, we guide you through every step with practical support and expert advice.


From business structure and registrations to software, strategy, and setup, we’ll help you move from idea to action, without the red tape.

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Set Up for Success

We don’t believe in one-size-fits-all. Your structure, systems, and strategy should align with your goals, and we make sure they do.


Whether you’re setting up as a sole trader, company, partnership, or trust, we’ll help you make informed decisions that protect your assets, support growth, and simplify your compliance.

Our New Business Setup Services Include

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Business Structure Advice
We help you choose the proper structure, sole trader, company, partnership, or trust, based on your goals, risk, and long-term plans. We’ll explain the pros and cons in plain English.

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ABN, TFN, GST & Business Name Registration
We manage all your registrations with the ATO and ASIC, including ABNs, TFNs, GST, PAYG, and business names, so you don’t have to worry about forms or delays.

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Xero Setup & Integration
We tailor your Xero file to suit your business type and integrate it with invoicing, payroll, and banking systems for a smooth, automated workflow.

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Company Setup & ASIC Compliance
We establish your company, lodge ASIC documents, and ensure you’re compliant from day one, no headaches, no missed steps.

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Accounting Software Setup & Training
We’ll get you started with Xero, MYOB, or QuickBooks, and provide hands-on training so you (or your team) feel confident managing your numbers.

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Budgeting, Pricing & Cash Flow Guidance
We help you create realistic pricing strategies, budgets, and cash flow tools — so you’re financially prepared for growth, even in the early days.

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Ongoing Support & Mentorship
We don’t just set you up and walk away. We provide coaching, check-ins, and ongoing advice to help you build a strong foundation and avoid common startup mistakes.

Why Choose HMS for Your New Business Setup?

At HMS Accounting, we bring together strategy, compliance, and care to help you launch with confidence.

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Personalised Support

We take the time to understand your goals and tailor our advice to suit your unique journey.

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Full-Service Expertise

We support you across accounting, tax, strategy, and business coaching — all in one place.

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Empowering Approach

We simplify the process and support you with tools, training, and ongoing mentorship.

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Education-First Mindset

We don’t just tell you what to do — we show you how to manage your business with clarity and confidence.

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Strategic Thinking

We help you plan and align your setup with your long-term business goals.

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Relationship-Driven Service

You’re not just a number. We build lasting relationships with clients who know we’ve got their backs.

More Than Just Numbers

Our clients share how working with us has impacted their business journey.

Frequently Asked Questions

Setting Up A New Business

  • Do I need an ABN or ACN?

    It depends on your structure. Sole traders need an ABN, while companies require both an ABN and an ACN. We’ll help you choose the correct setup and manage the registrations.

  • What’s the best business structure for tax purposes?

    That depends on your income, liabilities, and growth plans. We’ll walk you through the pros and cons of each and recommend the best option for your goals.

  • Can you help with pricing or budgeting?

    Yes — we assist with setting realistic pricing, tracking expenses, and developing early-stage cash flow strategies so you can launch with financial confidence.

  • What accounting software should I use?

    We recommend Xero for its flexibility and ease of use, but we also support MYOB and QuickBooks. We’ll set it up and provide training.

  • How much does a business setup cost?

    We offer affordable, startup-friendly packages. Book a free consultation and we’ll provide you with a clear, tailored quote.

Hayley of HMS Accounting Wollongong

Ready to Launch Your Business with Confidence?

Let’s build it right from the start. Book your complimentary consultation today and take the first step with the support of an experienced and trusted accounting team.