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Incorporation In Australia
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Auriga Accounting has a team of registration experts who can provide complete guidance to register your Incorporation In Australia.
Our team of experts will get in touch with you and collect all necessary documents and details
We fill out and file your application for registration
Ready Your Incorporation In Australia
Auriga Accounting has a team of registration experts who can provide complete guidance to register your Incorporation In Singapore.
Our team of experts will get in touch with you and collect all necessary documents and details
We fill out and file your application for registration
Ready Your Incorporation In Singapore
Incorporating a company in Australia is a clear and efficient process that transforms your business into a recognized legal entity. This step provides numerous advantages, including limited liability for owners, enhanced credibility with clients and investors, and easier access to funding and growth opportunities. The entire process is primarily overseen by the Australian Securities and Investments Commission (ASIC), which is responsible for registering companies and ensuring compliance with Australian laws.
To start, you’ll need to choose a unique company name and decide on the appropriate business structure, such as a proprietary or public company. Preparing essential information, including details about directors, shareholders, share structure, and registered addresses, is also necessary. The registration is completed online through ASIC’s dedicated platforms, like the Business Registration Service (BRS). Once you fill out the application and pay the applicable fee, ASIC processes your registration.
Limited Liability: Shareholders are only responsible for the amount they have invested, safeguarding their personal assets from the company’s debts and liabilities.
Legal Status: Incorporated companies are recognized as separate legal entities, allowing them to own property, sign contracts, and initiate or defend legal actions in their own name.
Tax Benefits: Companies may enjoy lower tax rates, tax deductions, and various government incentives designed to support business growth.
Funding Opportunities: It is easier for incorporated businesses to raise capital by issuing shares and attracting investment from external sources.
Continuity: The company has perpetual succession, meaning it remains in existence regardless of changes in ownership or management.
Credibility: Being a registered company enhances trust and credibility with customers, suppliers, and financial institutions.
International Business Ease: Australia’s stable legal and economic environment simplifies international trade and cross-border investments.
Ownership Flexibility for Foreigners: Non-residents can establish and own Australian companies, facilitating global business operations.
Governance Structure: Incorporation provides a clear framework for management and decision-making, governed by statutory laws and regulations.
Intellectual Property Protection: Incorporated companies can more effectively register and safeguard trademarks, patents, and copyrights within Australia.
Company Registration Application (Form 201): The official form submitted to the Australian Securities and Investments Commission (ASIC) to register the company. It includes details such as the proposed company name, information about officeholders, and the share structure.
Company Name Approval: The chosen company name must be reserved or approved by ASIC to ensure it is unique and meets all naming regulations.
Constitution (Optional): A constitution outlining the company’s governance rules can be prepared and submitted if desired. If not provided, the company will operate under the default replaceable rules.
Consent to Act as Director and Secretary: Written agreements from individuals confirming their willingness to serve as directors or company secretaries.
Details of Directors and Secretaries: Personal information including full name, date of birth, residential address, and signed consent forms.
Share Structure and Shareholders’ Details: Information about the types and number of shares issued, along with details of the shareholders.
Registered Office Address: The physical Australian address where official correspondence will be received.
Principal Place of Business (if different): The main operational address of the company, if separate from the registered office.
Identification Documents: Proof of identity for directors and secretaries, such as passports or driver’s licenses, may be required during registration.
Application Fee: The fee payable to complete the registration process, which varies depending on the type of company and registration method.
Access the Portal: Visit the ASIC or Business Registration Service (BRS) website.
Create or Log In: Register a new account or sign in with existing credentials.
Prepare Details: Choose and check a unique company name, select the company type, and gather information on officeholders, shareholders, share structure, and addresses. Optionally, prepare a constitution.
Complete Application: Fill out the online form with all required details and upload consent documents.
Pay Fees: Make the payment via the portal; fees depend on the company type.
Submit & Review: Confirm all information is correct and submit the application.
Receive Documents: After approval, ASIC provides the Certificate of Incorporation, ABN, and TFN if requested.
Post-Registration: Register for GST if needed and complete other compliance steps.
Auriga provide expert services which can get your new business off to a flying start. We are Compliance and finance officers for your business. Here you get simple and affordable online company registration and range of essential services. A world class technology – driven platform, offering end to end service from startup to well established firm.
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