Process of registering an Australian company
1. Confirm the type of Australian company
In Australia, companies are mainly divided into Limited (limited liability company) and Unlimited (unlimited liability company). Among them, limited liability company is a more common type of company. Generally, companies investing in Australia will choose this type of company registration. Limited (limited liability) means that shareholders have limited liability for company debts, that is, they are only responsible for the part of the shares they recognize.
2. Confirm the name of the Australian company
There are no special restrictions on the registered name of an Australian company. According to the Australian Company Law, some words in the company name are not allowed to be used, such as: building society, trust, university, chamber of commerce, bank.
3. Choose the registered (business) address
When registering a company, you must provide an address in Australia as the address for receiving various notices and letters from relevant departments.
4. Designate company directors (Director) and shareholders (Shareholder)
Private companies must designate at least one director, or multiple directors. Note: The legal person of the company must have at least one person holding a valid Australian permanent resident visa (PR) or an Australian citizen (Citizen).
Shareholders own the company's shares and can be individuals or companies. Shareholders are obliged to pay the company an amount corresponding to the shares they hold.
5. Apply for an Australian Company Number (ACN)
Apply to the Australian Securities and Investments Commission (ASIC); obtain an Australian Company Number (ACN).
6. Apply for an Australian Company Tax Number
Apply to the Australian Taxation Office for an Australian Business Number (ABN); apply for GST (Goods and Services Tax), TFN (Tax File Number);
7. Successful registration of an Australian company
Produce a series of company registration documents such as paper documents and official seals, and mail them to customers in full.
Conditions for registering an Australian company
I. Information required for registering an Australian company
1. Three names of the company to be registered in Australia (in English), ending with PTY, LTD, and PTY LIMITED.
2. The company's registered address, contact number, fax number, and email address in Australia.
3. The nature of the company's business and business direction in Australia.
4. At least one director of the Australian company, one of whom must be an Australian resident.
5. At least one shareholder of the Australian company, no nationality restrictions, the shareholder and director can be the same person.
6. Personal information of the Director of the company's registered person in charge (date of birth, place of birth, current address, contact information including contact number and email address).
7. Detailed distribution of shares of the directors or shareholders of the Australian company, the default number of shares is 100 shares, and the share price is set at 1 Australian dollar per share.
II. If you find Bajie to register an Australian company, the required information is only
1. Take a photo or scan of the shareholder's ID card.
2. Prepare three company names, ending with PTY, LTD, and PTY LIMITED.
III. Complete set of documents for Australian company registration
1. Australian registration certificate;
2. 2 copies of Australian company registration outline;
3. 2 copies of Australian share certificates;
4. Minutes of Australian directors and shareholders' meetings;
5. Australian company atomic signature seal and metal stamp;
6. One set of registration information documents for Australian company shareholders and directors.