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What are SAFE Notes?
Safe Notes – Introduction The simple agreement for future equity (commonly known as a SAFE note) is an equity financing instrument that was released by Y Combinator in late 2013…
Equity crowdfunding explained
What is equity crowdfunding? Equity crowdfunding is where a private company or an unlisted public company raises capital from a large number of retail investors who contribute a relatively small…
How To Choose The Right Lawyer For Your Startup
Picking the right lawyer for your startup is as crucial as picking the right co-founders, considering the important role your lawyer will play in helping you scale your startup. There…
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Employee Share Schemes Explained
Employee Share Schemes Overview An employee share scheme (ESS), for the purposes of Australian income tax laws, is where an employee receives shares (or options to acquire shares) in their…
Employment law: The Ultimate guide for Startups and Small Businesses
Introduction Employment relationships are governed by: 1. The Fair Work Act 2009 (Cth); 2. Any applicable modern award; 3. Any applicable enterprise agreement; and 4. The individual employment contract (which…
Equity crowdfunding explained
What is equity crowdfunding? Equity crowdfunding is where a private company or an unlisted public company raises capital from a large number of retail investors who contribute a relatively small…
Giving Financial Assistance Under The Corporations Act
Overview A company may only financially assist a person to acquire shares in the company if the company complies with Part 2J.3 of the Corporations Act 2001 (Cth) before proceeding with the…
How to apply for a director identification number
Background From November 2021, directors will need to verify their identity with the newly established Australian Business Registry Services (ABRS) as part of a new requirement to obtain a unique…
How To Choose The Right Lawyer For Your Startup
Picking the right lawyer for your startup is as crucial as picking the right co-founders, considering the important role your lawyer will play in helping you scale your startup. There…
How to Raise Capital For a Startup
Overview Having a scalable business model is the key feature of a startup, and scaling up requires cash. That is why raising capital becomes a common key activity for startup founders. In…
Restraints of trade the ultimate guide
Introduction What is a restraint of trade? Restraint of trade clauses can be categorised into: 1. Non-compete clauses. 2. Non-solicitation clauses. 3. Trade secret / confidential information clauses. Restraints of…
Selective Share Buy-Backs Explained
Overview A selective share buy-back is where a company only buys back shares held by a specific shareholder. This is different from an equal share buy-back where the company buy-back…
