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Why a corporate power of attorney is so important business business law corporation corporations act power of attorney Jan 15, 2025

In the realm of business law, a corporate power of attorney (POA) is an invaluable legal instrument for corporations operating in New South Wales (NSW) and across Australia. It authorises a designated person or entity to act on behalf of the corporation in specific legal, financial, or operational m...

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De Facto Directors: Hidden Responsibilities and Legal Risks Under Australian Law business corporations act director penalty notice Dec 12, 2024

In the complex world of corporate governance, not all directors sit formally at the boardroom table. Some individuals may be exercising director-level influence without realizing they carry the same legal obligations as appointed directors. These are known as de facto directors, and understanding th...

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How to avoid director penalty notices australian taxation office (ato) business corporations act director penalty notice estimate notice Jan 05, 2021

If you are a director or former director of a company and the company does not meet its pay as you go (PAYG) withholding, goods and services tax (GST) or super guarantee charge (SGC) obligations, the Australian Taxation Office (ATO) may recover those amounts from you personally. This means the ATO i...

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How can an agent validly sign a contract on behalf of a company? agents business contract law corporations act Jun 15, 2020

When an agent is entering into a contract on behalf of a company, all parties to the contract should take particular care to ensure that the contract is executed properly, making it legally binding and enforceable.  Particular attention should also be given to the agent themselves, as it is importan...

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Combating phoenix activity business corporations act phoenix activity Oct 10, 2017

We have spoken before about phoenix activity and government attempts in the past to crackdown on the illegal activity:

The Federal Government is now calling for submissions f...

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This blog provides general information and should not be construed as legal advice. Laws may have changed since the publication of this content. We recommend consulting with a qualified legal professional to ensure compliance with current legislation and to address specific circumstances.