What are 5 legal requirements for a business?

Feb 25, 2025 | Publication

When a new business is set up, there are various legal aspects which should be considered.  Some are more important than others in the early stages.  Obviously the nature of the business will dictate more specific legal requirements.

We set out below some legal considerations for new businesses of a general nature:

1                    Business registration

2                    Contracts with new clients and suppliers

3                    Employment contracts with staff

4                    Tax obligations

5                    Lease or purchasing space to operate the business

Depending upon the nature of the business, there may be specific regulatory or other requirements.  For instance, a restaurant has obligations in relation to the handling of food.  A law firm has obligations in relation to the handling of trust money.

For an obligation free discussion please feel free to contact us on 1800 180 500 or email reception@mcauleylawyers.com.au

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