Australia: contracts, corporate, trademarks and employment
Australia combines a single national Corporations Act and Fair Work Act with state-based contract law and a well-run trade mark office. Foreign groups usually operate through a proprietary limited company with a resident director, employ under the National Employment Standards and award system, and must satisfy a specific disclosure regime before offering employee equity.
LegalMatrix prepares documents on its AI-assisted workflow and delivers in Australia through an Australian law firm engaged as its delivery partner. Every document is reviewed and signed off by an Australian legal practitioner holding a current practising certificate before release. Trade mark searches and IP Australia filings are handled by a registered trade marks attorney.
Contracts
| Topic | Essentials |
|---|---|
| Governing law | Contract law is common law with state and territory statutes; parties may choose the law of any state (New South Wales and Victoria are common) and may choose a foreign law for international contracts. The Australian Consumer Law applies mandatory guarantees and unfair contract terms rules to consumer and small business contracts regardless of the chosen law. |
| Language | English. |
| Electronic signature | The Electronic Transactions Act 1999 (Cth) and matching state and territory Acts give an electronic signature effect where the method identifies the person and indicates their intention, is as reliable as appropriate for the purpose and the recipient consents (section 10). Since the Corporations Amendment (Meetings and Documents) Act 2022, companies may execute documents, including deeds, electronically and in split counterparts under sections 110A and 127 of the Corporations Act 2001. Some state rules on wills, affidavits, statutory declarations and land dealings still require particular formalities; check the relevant state authority. |
- A company executes a document under section 127 by two directors, a director and company secretary, or a sole director who is also secretary (or a sole director with no secretary); counterparties may rely on the statutory assumptions in section 129.
- Unfair contract terms in standard-form small business contracts have been subject to civil penalties since November 2023; check the ACCC.
- Security interests in personal property must be registered on the Personal Property Securities Register to have priority.
- Stamp duty on share transfers has been abolished in every state, but landholder duty may apply where a company holds significant land.
Corporate
| Topic | Essentials |
|---|---|
| Director duties | Sections 180 to 184 of the Corporations Act 2001 impose duties of care and diligence, good faith in the company's interests and for a proper purpose, and prohibitions on improper use of position or information; section 588G imposes personal liability for insolvent trading. A proprietary company must have at least one director ordinarily resident in Australia, and every director needs a director identification number. |
| Shareholder rights | Ordinary resolutions pass by simple majority and special resolutions by 75 per cent of votes cast. Members of a proprietary company may pass circulating resolutions, have inspection rights and may apply for relief from oppressive conduct under section 232. The replaceable rules apply where the constitution is silent. |
| Share transfers | Shares are transferred by a transfer form approved by the board under the constitution and shareholders' agreement, recorded in the register of members and notified to ASIC within 28 days for proprietary companies. No stamp duty applies to the transfer itself. |
- ASIC's annual review and solvency resolution replace a conventional annual return for most companies.
- A proprietary company may have no more than 50 non-employee shareholders and may not offer shares to the public.
- Large proprietary companies (meeting two of the revenue, assets and employee thresholds; check ASIC) must lodge audited financial reports.
- Australia has no public beneficial ownership register at the review date; reforms have been consulted on, so check the Treasury.
Trademarks
| Topic | Essentials |
|---|---|
| Authority | IP Australia |
| System | First to file for registration, but ownership turns on first use or first application in Australia, and an earlier user may defeat or obtain removal of a later registration. |
| Time to registration | Examination usually takes 3 to 4 months. A mark cannot be registered earlier than about 7.5 months from filing because of the convention priority window and the opposition period, so approximately 8 to 12 months in total; check the authority. |
| Classes | Nice Classification. Fees are charged per class; a standard application starts at AUD 250 per class and the TM Headstart pre-assessment service costs more (check the authority). |
| Opposition | 2 months from advertisement of acceptance in the Australian Official Journal of Trade Marks. |
| Term | 10 years from the filing date, renewable for further 10-year periods. |
- An address for service in Australia or New Zealand is required; trade marks attorneys are registered under the trans-Tasman regime.
- Australia is a member of the Madrid Protocol.
- A registration may be removed for non-use if it has not been used for a continuous period of three years (subject to a waiting period after filing; check the authority).
- TM Headstart gives an examiner's preliminary view before the application is formally filed, which is useful for new brands.
Employment
| Topic | Essentials |
|---|---|
| Probation | Probation is contractual. The statutory minimum employment period before an employee can claim unfair dismissal is 6 months (12 months for a small business employer with fewer than 15 employees), so probation periods are usually aligned to that. |
| Notice | The National Employment Standards set minimum notice by continuous service, from 1 week (one year or less) up to 4 weeks (more than five years), plus one week where the employee is over 45 with at least two years' service. Modern awards and contracts may provide more. Check the authority: https://www.fairwork.gov.au/ |
| Non-compete | Post-employment restraints are enforceable only to the extent reasonably necessary to protect a legitimate interest; New South Wales allows courts to read down an unreasonable restraint. The federal government released an exposure draft bill in 2026 to ban non-competes for employees earning at or below the Fair Work Act high income threshold and to restrict no-poach and wage-fixing arrangements; consultation closed in October 2026 and the bill had not been enacted at the review date. Check the Treasury and the Fair Work Ombudsman. |
| Equity | Employee share schemes are taxed under Division 83A of the Income Tax Assessment Act 1997, with a start-up concession where conditions are met, and must comply with the Corporations Act employee share scheme disclosure regime (Division 1A of Part 7.12) before offers are made. Plan rules, offer letters, a board resolution and an ESS disclosure document are the standard set; check the ATO and ASIC. |
Products available here
Contracts: drafting and review
Counterparty Contract Review
Negotiation Playbook
Go-to-Market Contract Bundle
NDA Set
Master Services Agreement and SOW
Data Processing Agreement
Shareholders' Agreement
Subscription and Share Transfer Documents
Intercompany Services Agreement
Board and Shareholder Resolutions Pack
Cross-Border Employment Contract
Secondment Agreement
Employee Share Option Plan
Executive Equity Grant
Family Holding and Trust Documents
IP rights: applications and portfolio
Trade Mark Search and Filing
Patentability Assessment
IP Assignment and Licence
Technology Licence Agreement
IP Portfolio Management
Renewals and Annuities
Trademark Watch
Questions
Can an Australian company sign a deed electronically?
Yes. Since 2022 the Corporations Act allows electronic execution of documents including deeds, and split execution where each director signs a separate counterpart. Some state documents (for example certain land dealings and statutory declarations) still have their own rules.
Do we need a resident director?
Yes, at least one director ordinarily resident in Australia, each with a director identification number. GoGoTrust can arrange a resident director service where appropriate.
What is the status of the non-compete ban?
At the review date it was an exposure draft bill with consultation closed in October 2026. If enacted, it would ban non-competes for employees at or below the high income threshold. Draft contracts should assume restraints on lower-paid staff will not be enforceable.
How long before an Australian trade mark is registered?
Examination is quick (3 to 4 months) but registration cannot occur until about 7.5 months after filing, so plan on 8 to 12 months. Check the authority.
What is the ESS disclosure regime?
A Corporations Act regime that lets companies offer equity to employees without a prospectus if they issue a compliant disclosure document and stay within monetary caps. The LegalMatrix option plan for Australia includes it.
Is there stamp duty on an Australian share transfer?
No, in every state. Landholder duty can apply if the company holds significant land; the review flags it at intake.
Guides
Sources
- IP Australia: how to apply for a trade mark ↗
- Australian Securities and Investments Commission (ASIC) ↗
- Corporations Act 2001 (Federal Register of Legislation) ↗
- Electronic Transactions Act 1999 (Federal Register of Legislation) ↗
- Fair Work Ombudsman ↗
- Australian Taxation Office: employee share schemes ↗
Reviewed 26 October 2026. Rules and fees change; confirm with the authority before relying on them.
Documents and filings for Australia
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