Wednesday, October 27, 2010

Register a new Australian company

This is a guide on how to register a new proprietary Australian company.

  1. Read the Corporations Act 2001 to understand your legal obligations.
  2. Start searching for available company names at the ASIC website. You are not allow to register the company name if its already being registered by a sole trader in a different state/territory. "MyCompany" and "My Company" is effectively the same.
  3. Complete the Form 201 Application for registration as an Australian company, see my sample form.
  4. Goto the ASIC office in person to get the company name registered immediate or post your application will takes 1-2 weeks.
  5. Pay $412.00 for the application fee. An accountant will charge you $800.00-$1200.00 for the service.

For more information read Starting a Company or Business.