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If you’re building a startup in Australia and want to offer equity to your team, you’ll quickly encounter two acronyms: ESOP and ESS. They’re often used interchangeably — and …
If you’re starting a company with co-founders, one of the most important conversations you’ll have — and one of the most commonly avoided — is about vesting. Specifically: what happens to …
A unit trust is a business structure in which beneficiaries—called unitholders—have fixed entitlements to the trust’s income and capital. Unlike a discretionary trust, where the trustee can decide how …
In NSW, authorised witnesses for statutory declarations include legal professionals, Justices of the Peace (JPs), and other approved persons under the Oaths Act 1900 (NSW) and associated regulations. …
For entrepreneurs seeking to raise capital, the Simple Agreement for Future Equity (SAFE) note represents an innovative and streamlined funding mechanism. Originally developed by Y Combinator in 2013, …
When you’re preparing to invest in a startup, it’s easy to feel overwhelmed by the stack of legal documents you’ll encounter. Below is a breakdown of the key paperwork you’re likely to see in two …