When do contractors need subcontractor agreements?
A contractor chooses to seek a sub-contractor when they feel that the resources and the skill is limited to perform the task that they have contracted to perform. A subcontractRead More
What do Ex-Officio and Board Observers do?
There might be some occasions on the board of directors where more standard roles might not be enough and an advisory board is required to provide advice on the issueRead More
What is the legal standing of a SOW?
A statement of work (SOW) is used by many services companies. It is a document that provides a description of a given project’s requirement. It defines the scope of workRead More
What requirements are needed for an AFSL?
There are key requirements required for applying for and obtaining an Australian Financial Services Licence (AFSL). If you decide to obtain an AFSL, it is critical that you understand theRead More
What Are Long Term Casuals Entitled To?
Businesses often employ workers on a casual basis for long periods of time. These employees are known as long term casuals. The same casual employment rights apply to long termRead More
What is ASIC’s Enhanced Regulatory Sandbox?
The word sandbox originally means an area for children to play and experiment with new things. In the Fintech industry, a regulatory sandbox is known to be a testing spaceRead More
What is a Security Interest Under the PPSA?
The Personal Property Securities Act 2009 (Cth)(PPSA) governs the use of personal property as security for the performance of obligations. The PPSA created a register to amalgamate all other registersRead More
What is DGR status? How does the ATO treat charities?
DGR status, formally known as Deductible Gift Recipient, is a status which all Australian charities require since amendments in 2021. The exceptions to this are tax law listed DGRs andRead More