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Foreign Investors purchasing a business in Australia
As with foreign property purchases, business purchases will require prior approval by the treasurer to ensure that the purchase is not contrary to Australia’s national interest. Approval will be subject to the treasurer discretion in making sure inve...
Queensland Retail Shop Lease - Assignee Disclosure Statement to Assignor
If you are entering into a lease for a retail shop in Queensland, and taking over the lease from another person or business, you will most likely need to provide to that person an Assignee Disclosure Statement. Section 22B of the Retail Shop Leases A...
What is the difference between Franchising and Licensing?
Many people tend to use the terms Franchising and Licensing interchangeably but they are quite different for several reasons. Often people think licensing has all the advantages of franchising but without the cost or regulation, but this is not corr...
Retail Shop Leases - Lease Renewal
The Retail and Commercial Leases Act 1995 (“the Act”) introduces certain notice and disclosure requirements regarding the renewal of retail shop leases. Therefore, it is crucial for both landlord and tenant to understand what they need to do in the r...
Installation maintenance and repair services vs goods being installed maintained and repaired
Many people make an error when registering the sub-classes of Installation, Maintenance and Repair Services - especially mechanic businesses. It's important to note that only the car manufacturers would claim class 12 for "Cars" as Goods. Mechanics...
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