Posts tagged Incorporation
Application for Shares

An Application for Shares is a short-form agreement often used for early-stage investment rounds. It details how many shares an investor is applying for and how much they will pay for them. This is an essential document to record your share offers and ensure compliance with relevant statutory measures.

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Company Registration

Companies are the most common structure for businesses. By registering and incorporating your company with ASIC (Australian Securities and Investments Commission), you can identify and define people’s roles and responsibilities within your business, as well as their share or equity allocation.

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Founders/Directors Deed

A Founders/Directors Deed is a business ‘pre-nup’. It details the ownership structure, investment contributions and responsibilities of each co-founder. It also explains each founder’s expectations of each other. Signing a well-drafted Founders/Directors Deed provides security against future disputes between founders and also creates accountability for each founder.

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IP Assignment Agreement

IP Assignment Agreements allow for IP to be assigned or transferred from one party to another. The Agreement is between the person/company assigning the IP – the ‘assignor’ – and the person/company receiving the IP – the ‘assignee’ – to transfer rights and responsibilities regarding the IP.

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Shareholders Agreement

A Shareholders Agreement (SHA) is an agreement between a company’s shareholders. These agreements are a flexible way to detail how the company operates and the rights and obligations of shareholders including the right to appoint directors, and addresses voting rights for directors and shareholders.

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Unit & Discretionary Trusts

Trusts are legal arrangements where an entity who is responsible for the trust (‘trustee’) legally owns property on behalf of someone else (‘beneficiaries’). Unit Trustees distribute funds to beneficiaries in accordance to the proportion of share units in the trust, and Discretionary Trustees distribute income more flexibly.

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