Company, Business & ABN Registrations
Setting up a business can be an exciting time for every entrepreneur, but before starting, it’s best to know the requirements in registering a business to save time and money.
When setting up a business, owners must first have to register the business name with the Australian Securities and Investments Commission (ASIC), in addition to having an Australian Business Number (ABN), which is a unique 11 digit number that identifies the company to the government and community, or to indicate that it’s in the process of applying for an ABN and have not been refused.
Making an application to register a company online can be difficult for people who are not familiar with the process and problems could arise when they apply to register a company by themselves. In fact, solving the problem is sometimes more expensive than the original cost of incorporation.
VisaTEC Legal, a firm that has a great deal of experience and expertise with Business Law, offers its services to handle the application to incorporate and register a company for interested business owners, including all preliminary documentation and advice needed for starting a business.
A partnership is formed when two or more people decide to start a business together, which can either be general or limited in nature.
Entrepreneurs who’s considering to form a partnership must know that it’s important to have an agreement between them and their partners to set the business conduct of the planned Partnership.
A Partnership Agreement is necessary as a foundation of the business partnership because it ensures that the owner’s interests and that of his partners, are aligned and protected. Apart from reflecting clearly what business terms the partners agree on, a Partnership Agreement also provides guidance to mediate any disputes that may arise.
Our team of highly competent and highly experienced lawyers can help create the Agreement to suit the particular needs of the business, as well as the needs of the corresponding partners and ensure all eventualities will be covered by the Agreement. Particularly if no one within the Business Partnership has experience starting their own business, knowing which clauses to include can be difficult. Without professional legal advice, the Agreement could fail to provide for important aspects of your business.
However, business owners that already have some clear ideas about what they need to include in the Partnership Agreement may also let us review the proposed Partnership Agreement to ensure that their rights are protected and everyone is aware of their responsibilities.
A trademark is a way of distinguishing the goods or services of the business from those of other businesses. It gives them exclusive rights to commercially use, license or sell the trademark. This means that no one else in Australia can commercially use the trademark within the class of goods and services it's registered under.
Any feature (or combination of features) that distinguishes the company’s goods or services from others can be registered as a trademark, such as a letter, number, word, phrase, sound, smell, shape, logo, picture or aspect of packaging.
Trademark applications are submitted to IP Australia (or USPTO in the US or IPONZ in NZ) who examine the mark for registrability. As our Trademark Application services, we offer Trademark Registry, Search & Professional Advice; Filing an application to register a Trademark; Providing infringement or freedom to operate advice and Running an opposition against the grant of a trademark registration.
ASIC, LAND & Federal Court Searches
VisaTEC Legal can help clients with their ASIC, Land & Federal Searches concerns such as registering, renewing and maintaining their business name, cancelling and transferring, as well as in starting and running a company.
We can also help with changes and closing of companies, in addition payments, fees and other invoices, relating to the Australian Securities & Investments Commission.
Employment contracts & HR Policies
Once the company has selected the right employee and agreed on terms, it’s important to record the arrangement in an Employment Contract.
This can be critical in avoiding disputes and costly employment related litigation. Contracts are essential for all employees, whether they are Managers or Award based. Contracts must be kept up to date, especially if duties or positions change, with a periodical check at least every three years.
Human resource (HR) policies are the formal rules and guidelines that businesses put in place to hire, train, assess, and reward the members of their workforce. These policies, when organized and disseminated in an easily used form, can serve to avoid many misunderstandings between employees and employers about their rights and obligations in the business place.
VisaTEC Legal helps businesses create legally sound employment contracts and HR policies in minutes, giving it and its employees a sense of security.
Every company with more than one shareholder should have a Shareholders Agreement. It helps to clarify expectations and avoid costly disputes. Businesses can set out the contribution that each shareholder is required to make, such as: services, money, intellectual property (whatever they have promised to deliver) and the consequences if they let the company down.
Our pool of lawyers can assist the business owner with the drafting or reviewing any shareholders agreement, no matter the scale of the company. We operate on a fixed-fee model as it provides clients with certainty and transparency with their legal fees.