Australia Company Registration
Company registration in Australia is the official process of legally establishing a business entity with the Australian Securities and Investments Commission (ASIC), which serves as the official companies registration office in Australia.
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Overview of Company Registration in Australia
Company registration in Australia is the official process of legally establishing a business entity with the Australian Securities and Investments Commission (ASIC), which serves as the official companies registration office in Australia. Once registered, the business is recognized as a separate legal entity under Australian law, capable of entering into contracts, owning assets, and operating independently.
Upon successful registration, you receive an Australian Certificate of Registration with your Australian Company Number (ACN) — your official company registration number in Australia. This enables opening bank accounts, signing contracts, and operating as a separate legal entity.
Eligibility Criteria
Decide on the type of company you want to register, such as a Proprietary Limited Company (Pty Ltd) or a Public Company .
The most common type for small businesses is a Pty Ltd company.
For a proprietary company, you must have at least one director who is ordinarily a resident of Australia.
For a public company, you need at least three directors, with at least two of them being Australian residents.
A proprietary company can have between 1 to 50 shareholders.
A public company can have an unlimited number of shareholders.
A company secretary is required for a public company, but it is optional for a proprietary company.
If you choose to have one, the secretary must be an Australian resident.
You must have a physical address in Australia to serve as your registered office.
This cannot be a P.O. Box.
Every company must obtain an Australian Business Number (ABN), which is necessary for taxation and business dealings.
You must have a company constitution (or use the replaceable rules under the Corporations Act) to define how the company will operate.
Documents Required
Registration Process
Step 1: Pre-Registration Essentials
Before initiating the registration process, it is crucial to develop a detailed business plan. This foundational document should outline:
Step 2: Secure Your Business Name
The first formal step is to ensure your desired company name is available.
Step 3: Obtain Key Business Identifiers
You will need to apply for two essential identification numbers:
Step 4: Complete Necessary Tax Registrations
Depending on your businesss scale and activities, you will need to register for specific taxes.
Step 5: Prepare and Submit Your Application
With all your planning, documentation, and a resident director in place, you can proceed with the official application.
Step 6: Company Registration Certificate
Once your application is submitted, you will receive an electronic Certificate of Registration. This PDF document is emailed to you, and it serves as official proof of your companys existence. It includes your company name and Australian Company Number (ACN).
Fees & Charges
| Fee Component | Amount |
|---|---|
| Sole Trader | Up to AUD 500 (INR 27,500) |
| Partnership | AUD 200–AUD 800 (INR 11,000 – INR 44,000) |
| Proprietary Company (Pty Ltd) | AUD 400–AUD 1,200 (INR 22,000 – INR 66,000) |
| Public Company (Ltd) | Up to AUD 1,000 (INR 55,000) |
| Trust (with Corporate Trustee) | AUD 500–AUD 2,000 (INR 27,500 – INR 110,000) |
Key Advantages
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