How Irving Law Business Lawyers in Perth Can Assist Your Business
If you are going into business, or already own a business, you need to consider your business structure. Should you run the business as a sole trader, a partnership, or a company, or a trading trust?. If you don’t know what these things are, you should find out.
If you need the assistance of business lawyers in Perth to get your new company set up properly, Irving Law can assist.
After your company is registered with ASIC, what next?
We know that the first, incorporation part isn’t difficult and you may wish to do that yourself online via one of the websites that offer that service. Alternatively, many accountants can provide a shelf company cheaply. But what happens next? Do you need any of the following documents:
- Shareholders agreement, also called a “buy/sell” agreement
- Terms and conditions for your sales or services, or a client services agreement
- Employment agreements
Irving Law’s founder, James Irving, says:
Many people get a company set up by their accountant or do it themselves, but aren’t sure what they should do next. Often, they don’t know the contents of the standard-form constitution that they have been given for their new company. They may not know what the “quorum” for a shareholders’ or directors’ meeting is or even what that expression means. There are a lot of traps for new players in this game.”
Once a suitable set of rules has been established by a shareholders’ agreement, it may be appropriate to go back into the company’s constitution and make some edits so that the two documents work together well. Perth business lawyer James Irving says:
“Company directors should make sure that the legal documents that control how their company is managed say what the shareholders want them to say. The wrong place to discover that a mistake has been made is in a courtroom after a dispute has erupted. That will cost everyone a lot more in wasted time, money and energy that getting the settings right at the beginning of the enterprise.”
The types of documents that we as business lawyers often prepare for our clients in Perth include:
- Setting up template contracts to use with customers, suppliers, and other business partners.
- Agreements for hiring sub-contractors or employees – including confidentiality clauses and protections for trade secrets.
- Agreements to assist with raising money, such as a loan agreement or subscriber agreement for investors.
- Non-disclosure agreements.
- Joint Venture agreements.
- IP licensing agreements.
For assistance with company law or corporations law issues or if you are simply seeking advice on the best way to structure your business, please contact Irving Law. We have a team of friendly business lawyers who can assist you with any business legal advice and legal documents that you require.