TWP and company merger
#1
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Joined: Apr 2008
Posts: 401
TWP and company merger
Hey guys,
I am looking for some help. My company is merging with another company and creating a 3rd company for which all employees of previous companies will work for. My TWP has a specific company name on it given that this new company is simply a merger of that old company and one other company
Do I need to get a new TWP for the new merged company?
Thanks for all the help guys!
I am looking for some help. My company is merging with another company and creating a 3rd company for which all employees of previous companies will work for. My TWP has a specific company name on it given that this new company is simply a merger of that old company and one other company
Do I need to get a new TWP for the new merged company?
Thanks for all the help guys!
#2
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Joined: Jun 2007
Location: Wellard, WA
Posts: 412
Re: TWP and company merger
Hey guys,
I am looking for some help. My company is merging with another company and creating a 3rd company for which all employees of previous companies will work for. My TWP has a specific company name on it given that this new company is simply a merger of that old company and one other company
Do I need to get a new TWP for the new merged company?
Thanks for all the help guys!
I am looking for some help. My company is merging with another company and creating a 3rd company for which all employees of previous companies will work for. My TWP has a specific company name on it given that this new company is simply a merger of that old company and one other company
Do I need to get a new TWP for the new merged company?
Thanks for all the help guys!
Hope this helps,
Sinead
Last edited by sinurt; Apr 9th 2010 at 12:11 pm. Reason: missed a bit
#3
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Joined: Apr 2008
Posts: 401
Re: TWP and company merger
Hey Sinead thank you very much for your reply.
The new company is keeping or using the name of my exisiting company so like you say this may mean it is ok as the visa does not have a company number on it just a name.
The new company is keeping or using the name of my exisiting company so like you say this may mean it is ok as the visa does not have a company number on it just a name.
#4
Joined: Sep 2008
Posts: 12,830
Re: TWP and company merger
If it is a new company, i.e. a different legal entity with a new business number and corporate registration, then it may be considered a different company. You are going to have to get the comany to check with CIC. If it is not a company (incorporated) but a sole proprietorship then you would be working for the same person, regardless of the name of the business.
#5
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Re: TWP and company merger
hey thanks The Aviator do you think I could contact CIC to ask them or would it have to be my company. I know the company is becoming a new legal entity which is a merger of the two old companies just under a new name.
The only real reason this is an issue is because my twp is coming up for renewal and I don't want to renew it only to have to renew it again in a few weeks.
The only real reason this is an issue is because my twp is coming up for renewal and I don't want to renew it only to have to renew it again in a few weeks.
#6
Joined: Sep 2008
Posts: 12,830
Re: TWP and company merger
hey thanks The Aviator do you think I could contact CIC to ask them or would it have to be my company. I know the company is becoming a new legal entity which is a merger of the two old companies just under a new name.
The only real reason this is an issue is because my twp is coming up for renewal and I don't want to renew it only to have to renew it again in a few weeks.
The only real reason this is an issue is because my twp is coming up for renewal and I don't want to renew it only to have to renew it again in a few weeks.