Purchase a Business
If you are currently negotiating to purchase a business then DSC Lawyers can assist to ensure that the process is as straightforward and smooth as possible. The firm can assist regardless of the manner in which you are purchasing the business, which may be by way of purchasing as a sole trader, purchasing as a partnership, purchasing the shares in a company or purchasing the units in a unit trust.
There are many legal issues that require consideration when you are purchasing a business. The issues that may arise will differ depending upon the nature of the transaction via which you will purchase the business and it is important that advice on those issues is obtained from experienced commercial lawyers. Experienced lawyers and accountants will also assist you to ensure that your new business complies with all applicable laws, that appropriate asset protection measures are put in place and that you receive the most desirable taxation treatment of the profits derived from your business.
DSC Lawyers can assist by providing you with advice and assistance on all aspects of purchasing a business including:
- Contracts of sale of business
- Share sale agreements
- Transfers of shares
- Transfers of business names
- Incorporation of companies
- Business premises documents such as leases (including retail leases and disclosure statements), sub-leases, transfers and assignments of leases and surrender of leases and conveyancing contracts
- The most appropriate business structure for favourable taxation treatment
- The most effective manner in which to protect your assets
- The establishment of trusts including unit trusts and discretionary trusts
- The potential benefits of self-managed superannuation funds
- Protecting intellectual property rights
- Preparing and reviewing all types of contracts and agreements including partnership agreements, shareholder agreements, unit holder agreements, franchise agreements, terms and conditions of trade, contracts of employment, confidentiality agreements and non-disclosure agreements.
At DSC Lawyers we provide you with accurate, succinct and timely advice with a view to ensuring that you are able to continue with your business planning with minimal disruption, whilst being confident that the legal aspects of purchasing your business are being handled with care and professionalism.
Links
- Business Victoria: A valuable resource with information on starting and purchasing a business
- Consumer Affairs Victoria: A valuable resource with information on business licensing and regulation
- Australian Business Register: Australian Government website where you can apply for various registrations including an Australian Business Number and a Business Tax File Number.
