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3 Valuable Factors to Consider Before Buying a Business
No matter what you do in life, how old you are, or what industry you’re in, the experience of purchasing a business will never be a small feat. Although such occasions aren’t the newest available opportunities in the market, acquiring an entire company is a capital-intensive process that offers much promise. When done correctly, purchasing a business...
Deciding on the Right Legal Business Structure for Your Start-Up
Founding a start-up is pretty exciting, but you have to make sure that you get it off the ground on the right foot. One of the most important things to consider at this early stage is its legal business structuring. Finalising your decision between operating as a sole trader under an Australian business number (ABN)...
824 Lot Subdivision | Regional NSW
GLG is working on an 824 lot subdivisions for flat land subdivision in NSW for an eco-community under a company title structure. The size of this project and scale of work involved highlight our team’s ability to effectively work on large projects for developers and the trust said developers have with our experienced legal team.
Luxury Apartment Development Project
GLG are currently working with one of Australia’s leading developers on a project which encompasses 5 luxury development sites for interstate development group in Noosa , Brisbane and Melbourne. Our team are responsible for: AS construction contracts, totalling $17.3 million Preparation and issuing of all developer contracts Reviewing and advising on all security documentation for...
180 Lot Subdivision Projects
Highlighting some of the work we complete for commercial partners, our team are currently working on a 180 lot subdivision for a commercial client. This project is a mix of residential and commercial lots. The client has entrusted GLG with: AS4902 construction contract with a value of $80millon GLG is responsible for the preparation and...
3 Must-Consider Issues When Buying or Selling a Rental Business
As an aspiring entrepreneur, there are several opportunities that you’ll come across that will make a significant impact on the trajectory of your career and net worth. Regardless if it’s a crucial learning opportunity (such as a workshop) or a new opening for a partnership, each vital stepping stone will bear an amount of weight...
A Guide to Protecting Yourself When Issuing Vendor Finance
At one point, you may consider selling your small business. Whether it may be to start anew, source out funding for a new project, or look for new people to take over a project, various reasons make selling viable. However, it can be challenging to sell an entire business, especially when it comes to niche...
A Quick Guide to GST & Real Estate – What You Need to Know
Registering for goods and services tax, or GST, is a vital part of commercial property investment. GST is often overlooked, which is an all-too-common mistake that amateur investors make. Factoring GST in your budget will save you a lot of effort and resources. While GST is a complicated topic and its intricate details can be...
Transfer Duty Exemptions for Home and Property Owners
One of the greatest assets you may ever have is your home. There are a variety of circumstances where you may acquire a place of residence with full or part ownership. In Queensland, a transfer duty applies when you acquire such an asset. However, there is a grey area as to when you may not...
What You Should Know About Updates on GST Withholding Rules
The transitional period for GST withholding rules is coming to an end, and with it comes new circumstances, especially for contracts started before 1 July 2018. Beginning on 1 July 2020, previously exempt agreements unsettled on or before 30 June will be subject to the withholding rules. Under the transitional provisions, old contracts for the...
What You Need to Know Before Signing a Deed of Release
What is a deed of release? A deed of release is a legal document formed between two parties that brings a dispute or an agreement to an end, and can in fact can be used to prevent a dispute from arising in the future. Generally speaking, a ‘release’ is a discharge of obligations. There are...
Why You Need a Lawyer in Commercial Property Transactions
For any kind of business or investor, it goes without saying that the process of purchasing or selling a commercial property of any kind is a crucial experience and a significant investment decision in itself. While any kind of investment decision bears its own significance, commercial property transactions are particularly vital because of their impact...