Category: Corporate Law

What is a Restraint of Trade

If you are looking at a contract, it is likely that there is a clause labeled ‘restraint of trade’. So what is restraint of trade? This article will offer a brief explanation about the concept of restraint of trade; including what …

What is a shadow director?

In the modern day, companies are complex entities with intricate corporate governance mechanisms. However, as companies become larger and more complex, authority and control of the company tends to be delegated throughout the company. Company’s should be cautious in these circumstances …

Magistrate vs Judge

What is the difference between magistrate vs judge? Both judges and magistrates have an important responsibility when deciding cases via interpretation and application of the law. While the terms ‘judge’ and ‘magistrate’ are often used in tandem, there are some key …

Quoting without GST & What is exempt from GST? 

We hear all about goods being charged with GST at the checkout, but what is it? It’s pretty simple, the Goods and Services Tax (GST) is an additional 10% tax which applies to most goods and services. Businesses may face some …

ACN vs ABN: what you need to know

When starting up a business, it is essential that you understand crucial elements to running a successful enterprise, which include acquiring an Australian Company Number (ACN) or Australian Business Number (ABN). By having an ACN or ABN, your company or business …

What are Replaceable Rules in the Corporations Act?

If a company does not wish to have a constitution, they have the option of using replaceable rules. Replaceable Rules refers to a provision of the sections and subsections of the Corporations Act which are designated under section 135 of the Act …

Does corporate governance apply to small businesses?

What exactly is corporate governance? Corporate governance is a broad term that includes the oversight of an organisation’s business activities by its board of directors. It has become more important in recent years as businesses have become larger and more complex, …

People looking at a computer screen checking something. There are 3 people, two women and one man. The laptop is in front one woman and another woman and man are looking at it. The man is pointing a pen at the laptop screen.

Business Checklist: 5 key documents to check

When was the last time you checked that your business’ key documents were up-to-date? It is vital for a business to make sure that all their documentation and contracts are in compliance with the current laws to ensure that there will …

Writing a GDPR compliant Privacy Policy​

As an Australian business, you may have thought that your privacy compliance only had to cover those living in our great southern land. For Australian businesses engaged in commerce in Europe, this may not be the case… You may need to …