As of October 2022, directors can be held personally liable for decisions made in their role, and it is essential that you understand all of your obligations to avoid significant penalties. Appointment as a director Being appointed as a director in Australia is open to anyone aged 18 or older who is not disqualified from …
A recent case highlights the need to engage us to advise you before signing even a simple contract for your business. Mr. Qian Xiao appealed a decision by the Magistrates Court that found him liable for a debt owed to a builder for the fit-out of a restaurant. The appeal centered on whether Mr. Xiao …
Signing as Director of a company or as an individual Read More »
