Thought Leadership
Australia’s proposed privacy reforms could change how businesses collect, use, share and protect personal information. Businesses should review their commercial contracts, data practices and AI arrangements now, before the proposals become law.
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5 Stages to Execute Employee Share Ownership
If you are a SME company owner and are considering the possibility of bringing on one or more employees as shareholders/owners, then this article is for you as we discuss the steps and planning that goes into this process.
Employee Share Schemes explained – do they work for small business?
The Australian government announced reforms to make it easier for companies to take advantage of ATO tax concessions for employee share schemes (ESS).
ABNs and ACNs
In Australia you will see companies referenced by the letters ACN and businesses by the letters ABN. In this article we look at what they stand for and what they mean.
What is a Joint Venture?
Mergers and acquisitions are often done by way of joint venture.
Should my Company have a Corporate Power of Attorney?
A Corporate Power of Attorney is a document whereby a company authorises and empowers a person (or company), namely, the Attorney, to sign documents and/or take action on behalf of the company.
Purchasing a Property at Auction
If you are a Purchaser considering purchasing a property at an auction, it is important to have an understanding of how auctions work before you start bidding, and the legal implications of purchasing property at auction.
Avoiding GST in a Sale of Business
To avoid having to pay GST on the purchase price in a sale of business, the sale must satisfy the ‘going concern’ exemption.
The role of PPSR Searches in a Sale of Business
Prior to execution of a sale of business contract, and whether you are a vendor or a purchaser, your solicitor should undertake a search on the Personal Property Security Register (“PPSR”) for the vendor, as the normal agreement in a sale of business is that all assets of the business are to be sold free…
Who can Purchase a Pharmacy Business in NSW?
There are certain legislative requirements that need to be consider when deciding on whether to purchase, and what structure to use for the purchase of, a pharmacy business.
Does Your Current Business Structure No Longer Suit Your Business Needs?
The small business restructure rollover (SBRR) allows small businesses to transfer active assets to a new entity structure without incurring an income tax liability.
Terminate or Transfer Employees in a Sale of Business?
It is critical for all parties to a sale of business transaction to understand their legal rights and obligations in relation to existing employees of the business and the financial cost of termination and/or transferring of employment.
When and Why You Need a Shareholders’ Agreement; and What Should it Cover
A Shareholders’ Agreement is a private binding contract between shareholders of a company.
