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I was the company director from 2007 unti 2017. In feb 2017
I was the company director from 2007 unti 2017. In feb 2017 my husband removed me from being the comany director and share holdrer. The business had a 1mil loan in my name gaurentee against my house. … read more
Leon
Leon
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Master's Degree
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Queensland country credit Union. Branch Manager at Home.
Queensland country credit Union. Branch Manager at Home Hill. Changed my details regarding statements. Sent them to my father in law in NSW.. my husband has been missing for11years. My statements were… read more
Leon
Leon
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I have an Australia company PTY LTD. I own 51 percent of the
I have an Australia company PTY LTD. I own 51 percent of the business and my business partner (Chris) owns 49 percent of the company. Chris is the sole company director and secretary of the company. I… read more
Leon
Leon
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Master's Degree
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I had my accountant incorrectly advise me that I couldn't be
I had my accountant incorrectly advise me that I couldn't be a director of my realestate business because only one person who is the licensee can be a director. I believed her and signed off as a dire… read more
Leon
Leon
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Master's Degree
52,702 satisfied customers
I have help a NZ friend to set up an Australian company
Hi, I have help a NZ friend to set up an Australian company in 2013 for her to run her business here. I have agreed without any monetary rewards to become the sole director, public officer and secreta… read more
Leon
Leon
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Master's Degree
52,702 satisfied customers
Leon, Here is the question I asked you in the other thread.
Hi Leon, Here is the question I asked you in the other thread. Re your queries: Company X established: 31 July 2012 Company X shareholders Shareholder A company director: Mary Shareholder B company di… read more
Leon
Leon
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Master's Degree
52,702 satisfied customers
My partner is one of 2 directors of a small business
My partner is one of 2 directors of a small business employing around 14 staff in Adelaide & Melbourne. Her share at the start up on the business 8yrs ago was 31% but our business partner (owner of th… read more
James D. Ford
James D. Ford
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I am a sole director if a small business, my wife does not
I am a sole director if a small business, my wife does not have any title in the business. I ran the operation on the factory floor and my wife did all the financials for the business as she is a tax … read more
Leon
Leon
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Master's Degree
52,702 satisfied customers
RE: GST Hi James, If the business is not registered
RE: GST Hi James, If the business is not registered for GST and has mistakenly charged GST to her client? what should she do? - She is going to advise her client about this BAS, but how about the prev… read more
Leon
Leon
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Master's Degree
52,702 satisfied customers
If two companies have the same sole director and shareholder
If two companies have the same sole director and shareholder are these two companies associated entities for the purposes of Section 50AAA of the Corporations Act 2001?… read more
Leon
Leon
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Master's Degree
52,702 satisfied customers
Hi, Could you please enlighten me as to whether I am in breach
Hi, Could you please enlighten me as to whether I am in breach about the following: I own 20% of a café. My other main partner has 68%. For some reason I happen to be the sole director. I am refusing … read more
Leon
Leon
Solicitor
Master's Degree
52,702 satisfied customers
Hi Leon, Would ASIC shut down the business if I can prove
Hi Leon, Would ASIC shut down the business if I can prove that the business partner with 68% shares and currently running the business, is committing fraud (showing no profit on the BAS while it actua… read more
Leon
Leon
Solicitor
Master's Degree
52,702 satisfied customers
Hi Leon, If I (as the sole director) terminate the lease prematurely
Hi Leon, If I (as the sole director) terminate the lease prematurely and move it across to another company (100% mine), this means that the 1st company (where I had 20% and the others 68% and 12%) can… read more
Leon
Leon
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Master's Degree
52,702 satisfied customers
I am an Australian resident for tax purposes who has shares
I am an Australian resident for tax purposes who has shares on the Canadian Stock Exchange. When I dispose of the shares at a profit how do I proceed with lodging the Australian Income Tax Return? Do … read more
Leon
Leon
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Master's Degree
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Hello My businees partner has separated. His ex is still a
Hello My businees partner has separated. His ex is still a shareholder / director of the company. The three own of us 1/3 of the company each. She has always done the bookkeeping for the company (some… read more
Sean
Sean
Experienced lawyer
Bachelor of Law with First Class Honours
855 satisfied customers
I was wanting to know whether me,my spouse and trust eligible
I was wanting to know whether me,my spouse and trust eligible as to satisfy 90% cgt concession stakeholder test. What is this % based on facts? Have you found answer yet?… read more
Leon
Leon
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Master's Degree
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We are in a court appointed liquidation and the liquidator
We are in a court appointed liquidation and the liquidator has called a creditors meeting. Two shareholders have said that they have a debt owed to them. but we never entered into a contractual arrang… read more
Leon
Leon
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Master's Degree
52,702 satisfied customers
An Australian friend of mine owns 25% of a registered corporation
An Australian friend of mine owns 25% of a registered corporation in South Australia. It is a catering business and his ownership interest is based on his financial investment only and is not continge… read more
Advocate
Advocate
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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