Requirements for Incorporating a Company in Australia

by Ava Lilly

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Requirements for Incorporating a Company in Australia

  • Joined May 2024
  • Published Books 1

To incorporate a company in Australia, you need to select a business structure such as a proprietary limited company (Pty Ltd) or a public company limited by shares, choose a unique business name, provide a registered office address within Australia, appoint at least one director who is ordinarily a resident in Australia and at least one shareholder, obtain an Australian Company Number (ACN), prepare a company constitution (optional but recommended), lodge the required documents with the Australian Securities and Investments Commission (ASIC) along with paying the necessary fees, obtain any required licenses and permits for your business, register for an Australian Business Number (ABN) and Goods and Services Tax (GST) if applicable, comply with Australian taxation laws and other regulatory obligations, and ensure ongoing compliance with ASIC regulations by filing annual reports and updating company details as required. Specific requirements and processes may vary based on factors such as business type, location, and industry, so it’s advisable to seek professional advice or consult the ASIC website for detailed information.

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