Commercial Law In NSW

Sale and Purchase of Business

We act for both vendors and purchasers of businesses. These transactions can be complex as they encompass many legal issues including GST and Capital Gains Tax, Restraint of Trade, Stamp Duty, Property, Employment, Trade Mark.

We pride ourselves on identifying the issues involved at the start of the transaction in order to streamline the process, to stay within time parameters and to be cost effective for our clients.

We can also advise on the benefits of the acquisition of a trading entity as an alternative to purchasing a business.

Companies

Proprietary Limited Companies are a commonly used as a trading entity for Small to Medium Enterprises.

When establishing a new Pty Ltd Company, it is important that the right people are given the appropriate officeholder and shareholder positions as well as the appropriate amount of shares within the company.

We are familiar with the legal issues that arise in the responsibilities of directors, fund raising, financing, dividend distributions, capital restructuring and general management and are able to advise on all the relevant matters for your transaction.

We can draft Shareholders Agreements to ensure that all parties are aware of their obligations to avoid future disputes

Self-Managed Superannuation Funds

Self-managed super funds allow people to manage their own super investments.

A Trust Deed is a legal document, which sets out the rules for establishing and functioning of the fund. A Trust Deed in accordance with the super laws forms the fund’s governing rules.

Trusts

A trust is an arrangement under which a person holds property or assets for the benefit of others. The person holding the asset or property is the trustee. The people or companies for whose benefit it is held are the beneficiaries.

Unlike a company, a trust is not a separate legal entity, although it is treated as a separate entity when it comes to registering for tax.