company

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A company, abbreviated as co., is a legal entity made up of an association of people, be they natural, legal, or a mixture of both, for carrying on a commercial or industrial enterprise. Company members share a common purpose, and unite to focus their various talents and organize their collectively available skills or resources to achieve specific, declared goals. Companies take various forms, such as:

voluntary associations, which may include nonprofit organizations
business entities with an aim of gaining a profit
financial entities and banksA company or association of persons can be created at law as a legal person so that the company in itself can accept limited liability for civil responsibility and taxation incurred as members perform (or fail to discharge) their duty within the publicly declared "birth certificate" or published policy.
Companies as legal persons may associate and register themselves collectively as other companies – often known as a corporate group. When a company closes, it may need a "death certificate" to avoid further legal obligations.

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  1. NiTride

    Can you sell fan made products that are related to IP

    Hi all I am quite confused when it comes to IP and what is permitted and not permitted. I am very new to all of this and only recently started designing products, and trying to build a small business. I decided at one point to create some products "as a fan" based on other franchises and...
  2. B

    Company Registred Car fines around $8900

    Hi. My car is registred on Company name. I live in Victoria. I have 4 fines. Each fine is around $2000+. I did not nominate in time due to my personal circumstances. Now fines victoria says time to nominate finishes and now they want me to pay the full fine I said I cant pay $8900. I was asking...
  3. S

    Second part time job, while retaining the current job

    Hi, I want to do a second job outside of my usual working hours without affecting my current job. My employment contract has the following clause regarding other Employment: You will not, without the express prior written consent of the Company, undertake any appointment, position or work that...
  4. N

    VIC Company refusing to pay OT

    Just after some advice on my legal rights with this one and how I can escalate this if required. I worked a lot of OT at the request of management last year, 5+ hours every weekday plus all weekend. For about 3 months this was all paid correctly at OT rates. I continued this for another 3...
  5. helpneedsomeadvise101

    charged with surprise fees from hk company.

    Hello there, So I recently went on a student internship placement program to Hong Kong and the program placement from what I believe the cost "$500" (or so I believed). Not until I arrived in hong kong, and began the internship placement, am I slapped with basically another ("$1500") fee which...
  6. G

    WA Share Issue in Pty Ltd Company.

    Hi, I have a question about new shares being issued in a Pty Ltd company. Without going through the whole backstory I am 50% shareholder in a Pty Ltd company with another person who is also a 50% shareholder. Both directors but a dispute has been ongoing for 5yrs that means I have been...
  7. M

    NSW Hotel charging guest for company accommodation

    I am employed as a trainer, conducting training courses at a resort hotel for my company. The first course was around 2 years ago and I signed into the resort as a guest using my credit card (as per normal hotel procedures). I have been staying as a guest at the hotel and using training room...
  8. Brend

    NSW Motor Dealers Licences

    Any advice on the following situation would be appreciated. I dealt with company (A) to purchase a campertrailer. When I performed a search it did not hold a Motor Dealers Licence. The owner of company (A) had a separate company (B) which held a Motor Dealers Licence. I informed the owner...
  9. C

    NSW Public company debt owed for work done

    Hi Everybody, I am owed money for work performed ( ~$7000 ). I've invoiced the company and made several follow up attempts. I need to send a letter of demand but since this is a large publicly listed company with several autonomous divisions I'm unsure who I send the letter to. If anybody could...
  10. L

    NSW Company Secretary for NFP and FP

    Are responsibilities of a company secretary exactly the same for non-profits and for-profits? If yes where does it say so? Thanks