Commercial

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Shareholdings for employees or family members

Six things to consider when bringing an employee or a family member into your business by offering them a shareholding.

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The Wellbeing Budget 2019

The Wellbeing Budget, presented by the Hon Grant Robertson, on 30 May focussed on mental health and child wellbeing.

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Business Briefs Winter 19

The recent high-profile Mainzeal case has highlighted the importance for directors to know and understand their duties under the Companies Act 1993.

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Property sale and purchase

It’s essential that the sale and purchase agreement contains the correct wording, particulars and information in respect of the GST position of the parties to the agreement.

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Over The Fence – April 2019

We recommend you review all wage and salary structures to ensure your employees are paid at least the minimum wage at all times for hours worked.

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National Environmental Standards for Plantation Forestry

The National Environmental Standards for Plantation Forestry (NES-PF) were first proposed in 2010. Following a period of consultation, the Standards came into effect on 1 May 2018, with a review due in 12 months after that (May 2019) to ascertain whether or not they are being successfully implemented.

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How to buy a business without getting burned

Buying a business can be a significant commitment of time and money, so you won’t want to find out there are issues after settlement, especially ones that come at a big cost. Even if you’re not a first time buyer, following the process can seem complex. If you’re looking to buy a business, our business lawyers have put together a step by step guide to doing it right.

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Business briefs

A recent decision in the Court of Appeal* has made a director liable for almost $500,000 of company debt due to the company’s failure to keep adequate accounting records.

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Potpourri of employment law changes ahead

Last year saw many changes in the employment law sphere, with the Labour-led government delivering on promises of reform in this area.

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Agri-tourism and food

Agri-tourism and food are growing sectors in New Zealand. We have farm tourism where tourists are shown working farms with activities such as sheep dog and shearing exhibitions.