What we can do for you

  • We do all paperwork on forming the company in Australia
  • Formation is completely remote
  • Can act as Secretary or Treasury
  • Provide nominee Directors/Shareholders
  • Assist with opening a bank account
  • Registration for Taxes, VAT & EORI
  • Develop a website for your business
  • Create a logo of your brand

How we can assist you further

  • Provide with full company administration services
  • Arrange a mailing address for your business
  • Arrange a virtual office for your company
  • Telephone answering service
  • Book keeping, audit & reporting
  • Preparing and submitting VAT return
  • Dealing with local authority
  • Trademark registration

FAQ. ABOUT AUSTRALIA COMPANY REGISTRATION

How do you incorporate a company in Australia?

  1. You need to decide what kind of a company suits your needs. In Australia you can register different types of companies: not for profit or charitable organisations; registrable Australian bodies, or special purpose companies.
  2. Chose a Company Name. Check name availability search
  3. Decide how your company will be governed: replaceable rules; its own constitution, or a combination of both.
  4. If you’re a director of a company, you must follow the requirements in the Corporations Act.
  5. Get written consent from the people: Director  (At least 1 director must be local); Secretary; Member (every company must have at least one member). Get the consent of the owner of your Australian registered office address.
  6. Lodge a paper form directly with ASIC or Contact us – private company formation service provider.

What is a Pty Ltd company in Australia means?

Pty Ltd is a Proprietary Limited Company.

Proprietary means the company is privately held

Limited means limited by the amount of shares.

Is a Pty Ltd company a corporation in Australia or not?

Proprietary limited according to an Australian law, is a limited company ‘Pty Ltd‘.

The company must have at least one shareholder (there can be up to 50),

The liability of shareholders is limited to the value of shares.

How long Australian company registrations takes?

The company registration in Australia takes few minutes by on-line registration.

Does the Australian incorpotated entity has any Australian Company Numbers

Every company in Australia is issued with a unique, nine-digit number when registered.

An Australian Company Number (ACN) and must be displayed on all company documents: receipts (which are not machine-produced), statements of account, including invoices, business letterheads, orders for goods and services, cheques, promissory notes and bills of exchange, official company notices, written advertisements making a specific offer.

Does the Company registered in Australia must have a common seal?

It’s not compulsory for a company to have a common seal the company may make contracts and execute documents without using a seal.

However the company may have a common seal and use it to execute documents under its constitution.

Do I need a local director to incorporate Australian Company?

Yes, at least one local director is compulsory for a company registration which we can provide you with.

What is the website for Australian company register search?

You can search the company name availability or any existed companies in the ASIC website is http://asic.gov.au/

Can I register an offshore company in Australia.

No, you cannot register an Australian offshore company as Australia is not an offshore zone.

What is the corporate tax rate in Australia?

The company tax rate is 30% and has been reduced from 30% to 28.5%  after 1 July 2015. The lower rate  applies to small businesses.

Australia Company Formation. Proprietary Company

Main Characteristics and the basic rules of Company registration in Australiia

Australia Company Formation

Financial Advantages

Taxation: Yes. Corporation tax 30%
Double Taxation Treaty Access: Yes, Australia has tax treaties with other countries to foster cooperation between Australia and other international tax authorities.
Australia Tax Information Exchange Agreements: Yes, Australia signed Exchange Agreements
Account Filing Requirements: Yes accounting / reporting requirements
Annual Return Filing Requirements: No annual return/ reporting requirements
Audit Requirements: No audit required.

Australia Company Formation

Registration Requirements

Share Capital: No min. share capital
Classes of Share Available for Australia company formation: Shares with or without voting rights, redeemable shares, registered shares, preference shares, shares of no par value
Bearer Shares: Not Allowed
Registered Office Required: Yes, required and must be maintained in Australia
Shareholders: Minimum number is one
Directors: Minimum number is one. Can be any nationality but at least 1 must be resident of Australia. Corporate directors are not allowed
Your Company language: English
Name of your Company must be ended: “Proprietary Companies Limited by Shares Unlimited with Share Capital “
Documents required for Canada company formation: A certified copy of your passport or ID and proof of your residential address dated less than 3 months.

Australia Company Formation

Restrictions

For Australia company formation you cannot use words in your company names without justification: “Bank”, “Trustee Company”, “Assurance”, “Building Society”, ”Trust Company”, “Royal” etc.
Restrictions on Trading: None
Not permitted without a licence: Fund management, insurance, Banking, reinsurance, assurance, trust management, collective investment schemes, trusteeship business provision.

Australia Company Formation

Confidentiality and Security

Publicly Accessible Records: Yes, accessible.
Nominee Shareholders and Nominee Directors: Yes, Allowed
Disclosure of Beneficial Ownership to Authorities No
Meetings of Directors and Shareholders to be held: Anywhere
Stability: Stable jurisdiction and great reputation.

About Australia

Australia Company Formation
Capital city: Canberra
Region: Australia is a country and continent surrounded by the Indian and Pacific oceans. Its major cities – Sydney, Brisbane, Melbourne, Perth, Adelaide – are coastal. Its capital, Canberra, is inland.
Political System: A constitutional monarchy is one where the powers of the monarch or sovereign—the King or Queen—are limited by law or convention, and generally exercised only according to the advice of an elected government.
Government: Constitutional Monarchy
Governing corporate legislation: Corporations Act 2001
Type of Law: Common
Currency: Australian Dollar (CAD)
Exchange Control: None.
Language of Legislation and Corporate Documents: English.
Time Zone: GMT +11 .

Australia Company Formation – Benefits

  • Limited liability for the shareholders.
  • The imputation tax system ensures that if the company has paid tax, then the shareholders will get a credit for that tax paid.
  • The company structure provides an opportunity to employ the principals.
  • Under the Corporations Act 2001 there is greater flexibility in cancelling shares or reducing the paid-up capital of companies.
  • Asset ownership can be transferred in certain circumstances, through a company structure without significant stamp duty costs.
  • Companies offer some ability to “split” income among family members, this can be done by either employing family members of issuing difference classes of shares.

Our team of consultants are on hand to find out about your specific requirements and take you through the process from start to finish.