The main purpose of a shareholders’ agreement is to ensure the fair treatment of each member as well as protect each of their rights and assets. This agreement is used to govern the relationship between a company, its shareholders and amongst themselves. This official and binding document determine how best they can work together, move...
Fashion designers, artists, musicians, or just about any type of creator must think about protecting their intellectual property (IP). This is especially important once creators start gaining more attention and popularity. It’s essential to protect yourself before anything unfortunate happens, like your design being stolen. All too often, people get away with design theft and...
After deliberating your fiscal matters and planning your next steps, you’ve decided that it’s in your best interest to sell your business. It may be a difficult idea to accept because of how much time and effort you’ve put into building your business from the ground up, but there will come a time when it’s...
One of the highest import and export markets for Australia is China. With a solid business relationship due to plenty of foreign direct investment prospects, tourism values, and international study opportunities, many Australian companies are thinking of expanding their operations into China. China itself is one of the biggest marketplaces in the world, making it...
Every business needs a lawyer on its team. As a business owner, you may already understand the trouble that comes with setting things up. There are tons of paperwork to go through that require legal assistance, which is why it is best to have a corporate lawyer on your side. Here are more reasons why...
With your business seeing the progress you’ve strived for and your profits growing, it’s clear that there’s no better time to finally make some much-needed upgrades than today. Now that everything is falling into place, it’s finally time for your company to make some investments that will allow it to go even further and set...
Foreign investors in Australia looking to invest in the country needs to undergo a meticulous process. The Australian corporate law offers many benefits for foreign investors, but there are elements of the law you need to know before you get started. What are they? 1. Directors and Officers Directors, like managers, owe the company itself and...
As the employer, protecting your business intellectual property and sensitive information is one of your highest priorities. In the information age, it’s your responsibility to take a duty of care with not only your own personal information but also ensure confidentiality is maintained for protected for your cliental. Every single piece of information about your...
Termination of an employee is neither easy nor ideal, but sometimes it is necessary. When the employee you’re letting go of isn’t meeting workplace expectations, they could become a liability to the company and the team. Industry standards necessitate providing them with a deed of release, which every terminated employee must agree to sign upon...
In all its official contracts and deals, a company needs to ensure it has legally binding documents. Improper execution—that is, non-legally binding documents—could open it up to assertions that the agreement is unenforceable. Companies can execute documents following their Constitution or governing documents or the Corporations Act 2001 (Cth) (the Act). Companies can also resolve...
If you’re planning to invest your savings into opening a business in Australia, you must know that it entails a meticulous process. You have to be sure of what you’re signing up for, so you know where your hard-earned money will go, and you can reap the rewards down the line. Australian corporate law offers...
Caveat Emptor: Roughly translated into “buyer beware,” this particular legal concept reminds all of those diving into complex and capital-heavy transactions to exercise caution for pitfalls that are permissible beyond the scope of the law. In fact, this term has evolved and become more prevalent and widely understood by Australian investors and buyers to conduct...