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Sydney, Australia Attorneys in related practice areas.
The legal landscape of doing business in Sydney, Australia is governed by various laws, regulations, and orders. Representing a mix of federal and state laws, Sydney's business law environment is a complex trove on aspects such as start-ups, company structure, taxation, consumer protection, employment, and intellectual property rights. Compliance with these laws is a must for businesses to operate successfully and avoid legal disputes.
You might need a lawyer in circumstances that include, but not limited to; setting up a new business and its structure, drawing up or reviewing business contracts, protecting intellectual property rights, ensuring compliance with laws and regulations including taxation laws, mediating labour and employment disputes, and dealing with potential litigation. In all these situations, professional legal advice can help prevent unwelcome outcomes and ensure smooth operation of your business.
The key aspects of local laws relevant to business in Sydney include Corporations Act 2001 and Australian Securities and Investments Commission Act 2001, governing the business structure and practices. Next, there are Competition and Consumer Act 2010 and Australian Consumer Law for dealing with consumer rights and product safety. Workplace laws including Fair Work Act 2009 and Work Health and Safety Act 2011 stipulate the responsibilities of employers. Importantly, a set of state-level laws also complement these acts in deciding aspects such as environmental compliance, licensing, and zoning for businesses.
What is the predominant business structure in Sydney?
The common business structures include Sole Trader, Company, Partnership, and Trust. Your choice can affect factors such as liability, control, cost and tax obligations.
Can I protect my business name?
Yes, you can register your business name with the Australian Securities and Investments Commission. However, registration just identifies your business, it doesn’t provide ownership or protection. For that, you need a trademark.
What is an Australian Business Number (ABN)?
It's a unique 11-digit number that identifies your business to the government and community.
Does business in Sydney require licenses or permits?
Yes, depending on the nature of your business, you may require certain licenses or permits.
How are workplace laws implemented in Sydney businesses?
Workplace laws are implemented through a combination of Fair Work Commission decisions, legislation, awards, and agreements.
Consider resources such as Business.gov.au for general business information, ASIC for company and financial services information, ACCC for information on competition, fair trade, and consumer protection, and Fair Work Ombudsman for workplace resources.
If you need legal assistance in business, the next step is to identify and consult with a reputable legal firm or a lawyer specializing in business law. You should prepare extensively for the consultation, bringing all necessary, supporting documents and a comprehensive list of questions or concerns.
