Corporate Law
Corporate law is that field of law that regulates the forms of business enterprises and includes the legislation and regulations corporations are subject to. Compliance with the myriad of ever increasing rules and regulations increase risk and are a burden to many entrepreneurs. Many businesses have full time staff dedicated to compliance in order to minimize the risks associated with fines or other sanctions. This presents a problem to small businesses and often compliance risks may be mitigated by having an attorney conduct a compliance audit and then devise a plan to comply along the lines of a managed and ongoing project.
The main piece of legislation that deals with the structure of enterprises is the Companies Act which serves as a template for entrepreneurs according to which they can structure their ventures. Our company laws are similar to British laws and this characteristic presents opportunities for entrepreneurs who want to provide goods and services on the international market.
Companies present the advantage that the assets of the shareholders are distinct from the assets of a company. Unless shareholders offer their estates as security for a company, their estates are separate and risk confined to the amount invested. The further advantage of a company is that it exists as a juridic person and survives therefore its founders and shareholders. Shares may be sold or the company as a going concern may be bought or sold as circumstances require. Our firm can assist in advising on the form of a proposed business.. We can then draft all the supporting paperwork and effect the registration of a company. We can offer continuous advice and assistance in running the legal aspects of a corporation, such as transactions around change of shareholding be it a Pty (Ltd) or a NPC.
We may do a compliance audit as a free initial service. Please inquire about this offer.