Imagine spending thousands on signage, websites and emails to find out that you cannot use any of it? What about if someone decides to copy you? Is the business you have been building protected? Ensuring your ownership over your business name and brand is a simple process when starting a business. Taking these measures to…

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If you are a Director of a company, a registered Australian body, registered foreign company or Aboriginal and Torres Strait Islander corporation, you are now required to have a Director Identification Number (director ID). Key takeaway: Existing and prospective directors should consider applying for a director ID as soon as practical, to avoid inconvenience and…

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Employee share schemes (ESS) are an incentive tool used by employers in Australia to –        attract and retain employees that provide value to their employer; whilst –        allowing the employee to be personally and financially invested in the employer’s business success. Where an employee receives shares from their employer at a discount, that discount amount…

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A due diligence investigation is an important step when purchasing a business in Australia and is a key component to ensure a successful acquisition and handover. By completing an in-depth look at the running operations, buyers are more possible to determine the value, associated risks and ongoing potential of the business. Due Diligence Guide For…

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For foreign investors, there are various factors to consider before starting a foreign business in Australia. Depending on the operation and industry relevant for the business, these factors can also vary. Generally, starting a business in Australia for foreigners need to consider factors including business structure, human resources and taxation. Choose Business Structure and IP…

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Personal or director guarantees are commonplace in many commercial contracts. Common transactions that will generally require a personal guarantee include: any business purchase; commercial leases; loans; or trading terms and credit applications. In such instances the personal guarantee will generally be from one or all the directors of the company. What is a Charging Clause?…

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Due to the unprecedented impacts of COVID-19, 2020 has seen an array of legislative interventions to protect businesses to trade through the crisis. One of the more significant changes was the extension of the time frame for companies to respond to their creditor’s statutory demands. Statutory Demands Breakdown In ‘normal’ times a creditor’s statutory demand…

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We are commonly asked to advise directors and shareholders on how to resolve a management deadlock within their company. Management deadlocks can lead to damage to the business and business relationships and a lose-lose outcome for the partners. What is A Deadlock In A Company? A deadlock occurs when neither party (or factions) within a…

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