Company Registration in Australia - Setup Guide
A company in Australia operates as a legal entity separate from its owners. Learn about different business structures to understand which might suit your business needs.
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Register your ABN nowLast updated: · By the ABN Registrar team
Company Registration Process
Company registration involves compliance with the Corporations Act 2001 and can be done for:
- Proprietary Limited Companies - Ideal for small businesses.
- Public Companies - Can be limited by shares, guarantee, or have no liability.
- Special Purpose Companies - Such as non-profit or superannuation trustees.
To register a company with unlimited liability, use the Business Registration ABN Registrar form.
Fees for Registration
Fees vary based on company type. Exact costs will be shown at the end of the registration process:
- Registration fee
- Annual review fee
Pre-Registration Considerations
Before you proceed with registration, consider:
- Choosing a company name - You'll select one during registration.
- Company type - Proprietary or public.
- Directors and Shareholders - Who they will be.
- Legal Obligations - As per director and shareholder responsibilities.
Post-Registration Steps
After registration, your company will:
- Receive an Australian Company Number (ACN) and a Certificate.
- Be listed in the company register.
- Need to conduct an annual review and pay fees (see annual statements).
- Update ASIC with any significant changes within 28 days to avoid late fees (changes to your company).
Frequently Asked Questions
What Defines a Company?
A company is a legal entity created to conduct business, separate from its owners, offering limited liability protection.
How Do I Register My Company?
Register your company through ABN Registrar, ensuring compliance with the Corporations Act 2001.
What Company Types Exist in Australia?
Options include proprietary, public, and special purpose companies.
What Are the Costs?
Registration involves fees which depend on the company type; detailed pricing on the registration form.
What Information is Needed for Registration?
You'll need to provide your company name, type, directors, shareholders, and understand your legal responsibilities.
What Happens Post-Registration?
Your company gets an ACN, is registered publicly, requires annual reviews, and must report changes.