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Startup Victoria R&D Tax Incentive Amendment Submission

Startup Victoria creates community Submission for the Treasury Laws Amendment to the R&D Tax Incentive Bill In March 2020, the Economics Legislation Committee collected Submissions in response to the proposed Amendments to the R&D Tax Incentive Bill. This provided the startup community with an opportunity to formally submit...
startupvic 12 Mar '20

Unfair Terms in Small Business Contracts

Small Business Lawyers in Melbourne, Australia If you are the owner of a small business, please contact Allied Legal prior to entering into your next contract as we are one of the best small business lawyers in Melbourne. Alternatively, if your business (whether large or small) uses standard form contracts to operate, please also consider...
Allied Legal 14 Feb '19

Crowd-Sourced Funding

Does your business qualify for crowd-sourced funding? Do you understand the legal implications associated with CSF? Overview of the CSF Regime Crowd-sourced funding (CSF) is an alternative way of raising funds and is especially attractive to innovative companies, start-ups and emerging businesses as it allows large numbers of the...
Allied Legal 15 Jan '19

Starting an online business: A quick legal checklist

You have a great idea for a product or service, you have your website up and running, and you’re getting ready to go to market online. It's an exciting time and the last thing you want to think about is your company’s and your website’s legal compliance. But it's an important step to take to ensure that disputes over the use of your...
Law Squared 13 Dec '18

Financing Your Start-Up Using Convertible Notes

Need to raise money for your start-up?  Have you considered using Convertible Notes? Convertible notes, if well structured, can be a simple, flexible and cost-effective way for a start-up to raise funds.  Start-ups can offer convertible notes, which are debt instruments that may be converted to equity, to raise capital, instead of...
Allied Legal 13 Dec '18

Protecting your Confidential Information with a Confidentiality Agreement

Are you thinking to have your employees sign a Confidentiality Agreement? Having a Confidentiality Agreement helps you assure that your company information is not disclosed to any third party even after they stop working for your company. CONFIDENTIALITY AGREEMENTS An employee confidentiality/non-disclosure agreement (Confidentiality...
Allied Legal 21 Nov '18

Structuring Your Company: How to Structure Your Startup for Success

Before you can raise capital, hire employees or start selling to customers, you’ll need to set up your startup’s corporate structure. This article covers: how a dual company structure works; and the benefits of setting up a discretionary trust Your goal here should be to minimise risk and cost while maximising...
legalvision 12 Nov '18

NEGOTIATING A SERVICE AGREEMENT – TIPS & CONSIDERATIONS

When you are negotiating a service agreement, you have to make sure that you are well aware of all the terms and the basic elements of contract formation. Here are some tips and consideration that you should keep in mind while negotiating a service agreement. Contract Formation Basics Parties to poorly prepared service agreements can often...
Allied Legal 08 Nov '18

WHICH BUSINESS STRUCTURE IS BEST FOR ME?

The best choice of business structure for anyone is subjective. The choice will depend on circumstances specific to you.  Set out below are some of the advantages and disadvantages of structures (sole, proprietary, trust, and partnership) which can be adopted in undertaking a business.   Sole Trader The main advantage of...
Allied Legal 24 Oct '18

Common Pitfalls Start-Ups Must Avoid by Allied Legal

        Are you thinking of setting up your own business? Do you know what you should be aware of and what to avoid?   Entrepreneurs are, by definition, ambitious and driven and have an exceptional understanding of their industry which is the result of their research and experience. However, new...
Allied Legal 17 Oct '18