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UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012UK Businesses in AustraliaPhoto by Flickr user Alex E. Proimos
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012         Australian Legal SystemPhoto by Flickr user mikecogh
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012             Similar to UK•   Common law system•   Courts operate simi...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012         …but not always•   System of Federal laws & State laws•   Fed...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012                               Corporate StructuresPhoto by Flickr use...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012    Registered Foreign       Companies•   UK companies may carry on bu...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012         UK Owned    Australian Companies•   No capitalisation require...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012            Partnerships•   State-based jurisdiction•   No separate le...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012          Other Structures•   Contractual Joint Venture    •   Shorter...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012         Business Banking•   The big 4    •   ANZ    •   Westpac    • ...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012               Commercial TransactionsPhoto by Flickr user Steve Snodg...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012        Business Practices•   Similar to UK    •   Regulation of Anti-...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012           Use of UK Style            Agreements•   Most UK business t...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012                         Commercial PropertyPhoto by Flickr user woodl...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012    Commercial Property•   State-based legislation governs leases•   F...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012Typical commercial lease•    Office    • Full-form leases usual    •  ...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012                                   Employment LawPhoto by Flickr user ...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012            Fair Work Act•   National system    •   Common law agreeme...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012      National Employment           Standards1.    Maximum hours2.    ...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012          Unfair Dismissal•   Fewer than 15 employees    •   1 year ba...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012                                Intellectual PropertyPhoto by Flickr u...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012                Copyright•   Automatic•   70 years’ protection (same a...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012             Trademarks•   10 years – renewable•   Early assessment av...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012                    Patents•   ‘First to file’ system•   Patent Cooper...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012                                     Business VisasPhoto by Flickr use...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012    Business Visits – up to 3 months•   Electronic Travel Authority (E...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012    Long Stay Business Visas•   Temporary Work (Skilled) visa    (subc...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012    457 – Ongoing Obligations•   Continuing obligations include    •  ...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012                                       Questions?Photo by Flickr user ...
UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012                     ContactDouglas LinnettePartnerPeters Linnette Law...
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Peters Linnette Lawyers - Establishing a business in Australia presentation

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Douglas Linnette from Peters Linnette Lawyers participated in a webinar hosted by UK Trade & Investment Australia on the ins and outs of establishing a business in Australia.

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  • Transcript of "Peters Linnette Lawyers - Establishing a business in Australia presentation"

    1. 1. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012UK Businesses in AustraliaPhoto by Flickr user Alex E. Proimos
    2. 2. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Australian Legal SystemPhoto by Flickr user mikecogh
    3. 3. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Similar to UK• Common law system• Courts operate similarly to UK• Solicitor/Barrister system Photo by Flickr user Canned Muffins
    4. 4. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 …but not always• System of Federal laws & State laws• Federal law prevails if there is conflict Photo by Flickr user L. Marie
    5. 5. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Corporate StructuresPhoto by Flickr user ardonik
    6. 6. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Registered Foreign Companies• UK companies may carry on business in Australia• Requires registration & local agent and office• Most foreign companies set up an Australian subsidiary Photo by Flickr user mtl2tky
    7. 7. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 UK Owned Australian Companies• No capitalisation required ($2)• One director minimum• Name availability – check conflicts• Can be established in one day• ASIC compliance straightforward• Resident director requirement Photo by Flickr user mtl2tky
    8. 8. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Partnerships• State-based jurisdiction• No separate legal personality• Ease of formation• Partners’ liability• Taxation planning Photo by Flickr user Gideon Tsang
    9. 9. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Other Structures• Contractual Joint Venture • Shorter term• Sole trader • Cheap and quick • Personally liable
    10. 10. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Business Banking• The big 4 • ANZ • Westpac • National Australia Bank • Commonwealth Plus HSBC• Requirements to open an account • ID for each director • Certificate of incorporation
    11. 11. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Commercial TransactionsPhoto by Flickr user Steve Snodgrass
    12. 12. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Business Practices• Similar to UK • Regulation of Anti-competitive conduct • Unfair Trade Practices • Strong consumer protection • Product Liability (European Directive on defective goods incorporated into Australian law) • Privacy Law Photo by Flickr user o5com
    13. 13. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Use of UK Style Agreements• Most UK business transactional documents have direct Australian equivalents• Straightforward to wrap Australian flag around a UK Agreement Photo by Flickr user o5com
    14. 14. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Commercial PropertyPhoto by Flickr user woodleywonderworks
    15. 15. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Commercial Property• State-based legislation governs leases• FIRB notification generally not required Photo by Flickr user S Baker
    16. 16. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012Typical commercial lease• Office • Full-form leases usual • 3-month deposit / guarantees • Options to renew are usual• Retail • Special disclosures • Minimum 5-year term Photo by Flickr user S Baker
    17. 17. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Employment LawPhoto by Flickr user wildxplorer
    18. 18. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Fair Work Act• National system • Common law agreements • Awards • Collective agreements• National minimum standards for employees Photo by Flickr user o5com
    19. 19. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 National Employment Standards1. Maximum hours2. Flexible work3. Parental lease4. Annual leave5. Personal/carer’s leave & compassionate leave6. Community service leave7. Long service leave8. Public holidays9. Notice of termination & redundancy10. Provision of Fair Work Information Statement
    20. 20. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Unfair Dismissal• Fewer than 15 employees • 1 year bar • simplified system to dismiss employees without risk Photo by Flickr user o5com
    21. 21. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Intellectual PropertyPhoto by Flickr user SomeDriftwood
    22. 22. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Copyright• Automatic• 70 years’ protection (same as UK)• UK & Australia signatories to Berne Convention Photo by Flickr user Horia Varlan
    23. 23. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Trademarks• 10 years – renewable• Early assessment available• Inexpensive• ‘First to use’ system• Madrid Protocol Photo by Flickr user Sydney Heritage
    24. 24. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Patents• ‘First to file’ system• Patent Cooperation Treaty (PCT)• Types • Provisional patent – 12 months • Standard patent – up to 20 years • Innovation patent – up to 8 years • Pharmaceutical patents can last up to 25 years Photo by Flickr user o5com
    25. 25. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Business VisasPhoto by Flickr user FrancoisRoche
    26. 26. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Business Visits – up to 3 months• Electronic Travel Authority (ETA) – subclass 977 & 956• UK citizens – apply through service providers• Limitations • Preliminary meetings and appointments only • No work (limited exceptions) Photo by Flickr user James Cridland
    27. 27. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Long Stay Business Visas• Temporary Work (Skilled) visa (subclass 457)• Three step application process • Sponsorship • Nomination • Visa• Sponsor training obligations• New companies can apply to be sponsors
    28. 28. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 457 – Ongoing Obligations• Continuing obligations include • Training • Record-keeping • Health insurance• Liability for return travel costs• Reportable events include • New director • Resignation of worker • Change of circumstances Photo by Flickr user BriYYZ
    29. 29. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 Questions?Photo by Flickr user Milos Milosevic
    30. 30. UKTI WEBINAR 9:30am (GMT) Wednesday 12 December 2012 ContactDouglas LinnettePartnerPeters Linnette LawyersTel: +61 (0)2 9241 6677www.peterslinnette.com.au @PLL_LawPhoto by Kozzi
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