Setting up a company in Australia
After deciding that a company suits your requirements as the entity through which to operate your business, follow these steps to get your company up and running.
Beware: You could be personally liable for underpaying staff
Given the increasing heat being placed on directors and business owners, it’s important for you to understand the legal requirements and put in place compliance systems so that employees are being paid their legal wages and entitlements.
To what extent can a company indemnify a director?
There are over 700 laws that can impose personal liability on directors. While it is common for companies to provide directors with an ‘indemnity’ or ‘insurance cover’ for these liabilities, there are limitations and restrictions on how far this indemnity and cover can extend.
How do companies work?
When we hear the word ‘company’, we all think we know what the person is talking about. We deal with companies every day. Most of us work for a company, and we certainly buy things from them. But companies are actually a strange thing. Let’s start with a bit of a history lesson.
Who gets to choose who goes on your board?
Most people think the directors of their company are appointed by a majority of shareholders. But often this is not the case. Discover the full picture.
Before you get appointed, get prepared
Who wants to be a director? Not an easy question to answer these days, with over 700 laws that can make you personally liable for various actions (or inactions) of your company. This article provides some handy safeguards to consider before you agree to become a director.
What is a ‘Company Power of Attorney’?
Have you thought about what would happen to your company if you became incapacitated, or worse, if you died? Who would pay the bills, and enforce the company’s rights?
How to keep an eye on your debtors and competitors
Did you know that there are free tools available which allow you to monitor the corporate and security activities of companies?