Legal & compliance

There are a number of legal and compliance issues that you need to be aware of when starting and running your business.

A summary of these issues follows:

ASIC compliance

The Australian Securities and Investments Commission is Australia’s corporate, markets and financial services regulator. Visit the SmallBiz website to learn more about ASIC compliance.

ACCC compliance

The Australian Competition and Consumer Commission (ACCC) promotes competition and fair trade for consumers, businesses and the community. Visit the SmallBiz website for more information.

Risk management

Risk management is the way that adverse effects are managed and potential opportunities realised. Follow these links to the SmallBiz website for more information about risk management and the risk management process.

Legal considerations

Many areas of the law apply to businesses and commercial activity of any kind. Visit the SmallBiz website

Intellectual property

Intellectual property (IP) is recognised as a valuable asset for any businesses. Visit the SmallBiz website for further details.

Corporate governance

Adherence to good corporate governance policies and practices is as important for small to medium sized businesses as it is for publically listed companies. Visit the SmallBiz website to find out more.

Business structures

As businesses grow, there may be good reasons for changing your business structure. Visit the SmallBiz website to learn more about what business structure may best suit your business?

Important

The importance of having specialist accounting and legal advice cannot be over emphasised.