Who can register an Australian Company?
Anyone can register an Australian company. The only conditions are; Company must have at least one Australian resident director and a physical Australian address for the registered office of the company.
Can I choose any name for my company?
Yes, but within prescribed guidelines. The name must not be identical to a company already registered or a registered business name. There are also restrictions on certain words. More information about rules regarding a company name can be found here.
Choose a company name
Can I form a company with just one person?
Yes, a Pty Ltd company can be formed with one person who can be both a shareholder and a director.
How do I register a company with the same name as my registered business name?
If you already have a registered business name, and you want to register a company with that same name, you can do that. While filling the company registration application you must inform ASIC whether the proposed name is identical to already registered business name or not.
If the proposed name is identical to already registered business name, you will be required to provide –
1. the ABN, if business name was registered after 28 May 2012 OR
2. the state or territory of registration and the registered Business Number, if the business name was registered before 28 May 2012
I have already got my proposed company name reserved with ASIC, how do I register my company?
If you have got your proposed company name already reserved with ASIC you will need to submit the reservation letter received from ASIC and an authorisation letter. Hence, your company will not be automatically lodged directly with ASIC. For reserved names, after submitting the application please fax these two documents to our office at 02 9037 0320 or, our support centre will get in touch with you and guide you further.
My application has been rejected by ASIC. How do I fix it?
Your application may be rejected by ASIC for a number of reasons like proposed company name not conforming to the guidelines laid down by ASIC, incorrect holding company's ACN or for any other reason. If your application is rejected, you will receive an email from our system detailing the reason of rejection. You can login to our website using your password and fix the application and re-lodge it. If you have any difficulty, please do not hesitate to contact our support centre on 02 9037 0320.
After the company is registered, how will I receive my ACN and company documents?
As soon as the company is registered with ASIC, our automatic system generates all the relevant documents which are instantly emailed to you. You can also get the documents printed, professionally bound and express couriered to you in a 'Deluxe Soft Leather Feel' folder with all documents marked with 'Sign Here' stickers by paying additional $66.
All these documents can also be downloaded from our website anytime and from anywhere after logging in.
Is my company automatically registered for ABN and TFN?
No, we provide the service of registering your company with ASIC only. Registering with ASIC does not mean automatic registration for ABN and TFN. You can register for ABN and TFN online at www.abr.gov.au for free. We have also provided an application form in the document package for offline registration for ABN and TFN. You also have the option for additional $29 to use our form to Apply for an ABN, TFN, GST and PAYG withholding Registration where we will pre-fill the online ABR application form for you and save you over half an hour of your time.
What type of company can be registered at your website?
You can register only Proprietary companies limited by shares on our website.
Can I register a 'Special Purpose' Company with you?
Yes, with us, you can register a ‘Special Purpose’ company which can act as trustee of a Self Managed Super Fund (SMSF). However, we do not provide service to register other types of special purpose companies. Constitution of this special purpose company must have relevant clauses to specifically state that it is a special purpose company to act as trustee of SMSF.
Can I register a company after office hours, on weekends or public holidays?
Certainly you can. We have direct connectivity with ASIC server which means you can form your company 24/7.
I made a mistake while filling the application, how do I fix it?
If your company has not yet been registered and is rejected by ASIC for whatsoever reason, you can access your application by logging in and edit the information before resubmitting it.
However, if the company has already been registered, the matter moves to ASIC's domain and we will not be able to help you. There are various forms provided by ASIC to change various details.
Some of these are:
- Form 205A: For correcting incorrect company name. There is an ASIC fee to lodge this form. So you need to be very careful while filling the form. Even if you make a typing mistake, it would cost you $395 to fix it.
- Form 484: For changing details of a company like adding or deleting a director or shareholder or changing share structure or changing the registered office of a company.
- Form 492: For correcting personal details like date of birth of officeholders.
Do you provide legal advice in formation or running of a company?
No, we only provide a service to register the companies online. We are not a law firm or accountants. We cannot advice you on the suitability or otherwise of the company structure for you. All the information provided on our website is generic in nature and you should seek suitable professional advice before buying anything from our website.
Do you provide a common seal?
No, we do not provide a common seal. Since 1st July, 1998 the use of a common seal is optional. A document is considered correctly executed by a company if it is signed by two directors or a director and secretary or by a single director if he is the sole director and secretary
What is your refund policy?
Out of the total fee, $538 goes to ASIC as registration fee and balance is our service fee plus cost of documents provided. Once a company is registered, the ASIC fee of $488 is not recoverable. The only refund possible is of our service fee and that too in exceptional circumstances at our discretion.
However, if the company is rejected by ASIC and you do not want to proceed with the registration process, we can refund the whole amount after deducting 4% merchant charges.