What’s the best structure for my startup?
When asked what structure to use, we like to apply several key principles and ‘rules of thumb’ to get the right answer.
How much is the ASIC lodgement fee to set up a company in Australia?
How much is the ASIC fee to set up a company in Australia?
Can you distribute property from a company in liquidation to a shareholder stamp duty free? (in SA)
In South Australia you can transfer a property from a company to the shareholders of the company without paying stamp duty. The exemption is found is section 71(5)(a) of the Stamp Duties Act 1923 (SA). It does not matter who the shareholders are. For example, the shareholders can be individuals, other companies and trusts. Section […]
I’m a ‘start-up’. How should I set up my new business?
So you’ve just come up with a great business concept, given it a test-drive among your family and friends, and now want to go to the next stage. What do you do? You need to put together the ‘playing field’ for your venture. In other words, you need a ‘business structure’.
Are you going to be personally responsible for your company’s debts?
The personal consequences of insolvency for directors continue to deepen. Set out in this article are some indicators of when you should be taking advice on your potential exposures.
How not to get off on the wrong foot in business
There is a wealth of “free” legal information on the web, so why would you pay for legal advice? We provide five good reasons why consulting a lawyer upfront can save you money down the road.
Registration of Business Names
This article discusses the practical impact of the change-over to a National Business Names Register administered by ASIC.
What is a director entitled to when a company is wound-up?
The Corporations Act puts some limitations on the priority of directors’ entitlements on a winding up…