What is a Founders Term Sheet?
A founders term sheet is a non-binding agreement which sets out the terms of a proposed deal. It usually occurs when a startup plans on raising capital from an investor(s)Read More
What is a Share Vesting Agreement?
A share vesting agreement (SVA) is a contract between a business and an employee, whereby the employee is sold new shares which then vest over time. These agreements lay outRead More
What Does the FIRB do?
The Foreign Investment Review Board (FIRB) is a non statutory advisory body whose role is to examine foreign investment proposals on behalf of the national treasurer. How does the FIRBRead More
How do I wind up a company?
Winding up is the process of dissolving your company, after which your company will cease to exist. This involves finalising outstanding debts, paying creditors, and informing ASIC of the company’sRead More
What is a Share Buyback and How Do They Work?
A share buyback is when a company repurchases shares of stock from its shareholders. In doing so, the company cancels the shares it has purchased, reducing the overall number ofRead More
When is a Company Director Personally Liable?
One of the key benefits of operating your business as a limited liability company is that the company is a separate legal entity to the individuals that make it up.Read More
What is a Shadow Director?
Directors are key stakeholders within a business, and have the power to influence the operations of a company. But did you know that you could be considered the director ofRead More
What is a Company Constitution?
A company constitution is a key governance document for the internal management of a company. Its purpose is to define how a company operates, and in conjunction with the shareholder’sRead More