08-28-2025, 05:05 AM
To register a company in Australia, individuals or groups must meet specific eligibility criteria set by the Australian Securities and Investments Commission (ASIC). Firstly, at least one director must be an Australian resident. A proprietary company (Pty Ltd), the most common type, must have at least one director and can have up to 50 non-employee shareholders. Public companies require at least three directors, two of whom must reside in Australia, and a company secretary.
The company must also have a registered office address within Australia, which must be accessible during standard business hours. Additionally, the company name must be unique and not identical to an existing registered name or trademark.
Directors and shareholders must be at least 18 years old and must not be disqualified from managing corporations—for example, due to insolvency or prior convictions for corporate offenses. All individuals involved must also provide consent to take on their respective roles.
Furthermore, applicants must obtain an Australian Business Number (ABN) and, if applicable, register for Goods and Services Tax (GST). Ensuring compliance with ASIC’s regulatory requirements is essential for a smooth registration process. Consulting a legal or financial advisor can help ensure all eligibility criteria are met before proceeding.
The company must also have a registered office address within Australia, which must be accessible during standard business hours. Additionally, the company name must be unique and not identical to an existing registered name or trademark.
Directors and shareholders must be at least 18 years old and must not be disqualified from managing corporations—for example, due to insolvency or prior convictions for corporate offenses. All individuals involved must also provide consent to take on their respective roles.
Furthermore, applicants must obtain an Australian Business Number (ABN) and, if applicable, register for Goods and Services Tax (GST). Ensuring compliance with ASIC’s regulatory requirements is essential for a smooth registration process. Consulting a legal or financial advisor can help ensure all eligibility criteria are met before proceeding.