Business
What Is a Unit Trust?
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 …
Do you need to be an Australian citizen or resident to be a company director?
Appointing a non-Australian citizen as a company director can be a strategic move, especially for businesses looking to expand their international influence. However, Australian corporate law imposes …
New Australian Employee Share Schemes
Briefing on the New Australian Employee Share Schemes From July 1, 2015 the Australian Taxation Office brought in new rules for Employee Share Schemes (ESS). The reforms have brought Australia in line …