If you're thinking of selling your business, we bet there are 2 key outcomes you are looking for: 1. Getting the highest purchase price possible; and 2. Being able to make a clean break from the business, so you can think about something else (and maybe even relax or take a holiday). These outcomes are both realistic and achievable, but it will take some planning before you put the business up for sale.
We are not advocates of higher taxes. But, we are advocates of honest tax policy. So read 'company tax cut' as essentially a reduction in Australian tax on foreign investment. Full stop.
We’ve all heard about the increasing prevalence of data ‘breaches’ and ‘hackings’. Some well-publicised examples include: The hacking of Microsoft’s Business Productivity Online Suite in 2010; The theft and publication of 6 million user passwords from LinkedIn in 2012. This was followed up in May 2016, when hackers stole and posted for sale on [...]
- What’s the best structure for my startup? GalleryAdvisor Interest, Areas of Law, Business Interest, Commercial/Business, Companies, Facebook Published, Individual Interest, LinkedIn Published, Marketing, Newsletter Published, Newsletters, Structures, Twitter Published
When asked what structure to use, we like to apply several key principles and ‘rules of thumb’ to get the right answer.
What is the ESS 'start-up' concession and how do you qualify for it?
How do you calculate the extent of any 'discount' when an interest under an employee share scheme is granted to an employee?
How do you qualify to defer any tax otherwise payable on shares and options acquired under an employee share scheme? When does the deferral come to an end?
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 much is the ASIC fee to set up a company in Australia?
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'.
Here are our answers to FAQs about our nominee director service.
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.
Well drafted 'pre-emption' clauses in a Shareholders Agreement or Constitution provide you with important protections. But there are a number of potential traps that you need to be aware of.
- How should you deal with employees as part of a business sale? GalleryAdvisor Interest, Areas of Law, Business, Business Interest, Commercial/Business, Companies, Contracts, Employment, Employment contracts, Facebook Published, LinkedIn Published, Marketing, Newsletter Published, Newsletters, Practice areas, Resources, Twitter Published
Dealing with employees and their entitlements as part of a business sale or acquisition is not straight-forward. There are plenty of traps and tricks for the uninitiated. Find out what you need to know.
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.