23. How small businesses can keep taxes to a minimum? (Posted On 31-10-2019)

Small businesses can reduce taxes with a few valuable steps. Continue Reading ...

22. ASIC Fee Changes from July 1 2019 (Posted On 15-07-2019)

ASIC has increased its fee for company registration in line with an increase in Consumer Price Index for 2019. Continue Reading ...

21. Reinstating a deregistered company (Posted On 19-09-2017)

It is possible to reinstate a company that has been deregistered. Once you apply to reinstate your deregistered company the company is reinstated to ‘Registered’ and you can carry on trading under the company. Continue Reading ...

20. ASIC fee increase from 1 July 2017, however, our prices will remain “unchanged” (Posted On 30-06-2017)

ASIC increases its company lodgement fees every year and has now released their updated fees for commonly lodged documents effective from 1 July 2017. Continue Reading ...

18. Division 2 – Disclosure of matters involving material personal interest (Posted On 12-09-2016)

Director’s duty to inform other directors of material personal interest when conflict arises. Continue Reading ...

17. Name availability and using Company names (Posted On 01-09-2016)

Availability of a Name A name is available to a company unless Continue Reading ...

16. Residency of the directors (Posted On 26-08-2016)

All applications for company registration through ASIC or through ASIC agents contain question that asks about the residential status of the directors. Continue Reading ...

15. What are the consequences directors can face for insolvent trading? (Posted On 23-05-2016)

Directors should take steps to make sure that their company remains financially sound. This will make the company performance better and also reduce the risk of insolvent trading. Continue Reading ...

14. What is the procedure for Winding Up a Solvent company? (Posted On 11-05-2016)

Voluntary deregistration is an option for winding up a company which has less than $1000 worth of complex assets. Due this reason many companies cannot use the path of voluntary registration. Continue Reading ...

13. What are Company Minutes? (Posted On 28-01-2016)

Directors will regularly meet to discuss business dealings and review ongoing matters relevant to the company. Continue Reading ...

12. What minimum officeholders a company is required to have? (Posted On 04-11-2015)

A company is required to have a minimum number of directors and secretaries. The number of minimum officeholders varies according to type of company i.e. Public company or Private Company. Continue Reading ...

11. What is an Annual Review Date of the Company? (Posted On 26-08-2015)

Every company registered with the Australian Securities and Investments Commission (ASIC) has an annual review date, which is usually on the anniversary of the original company registration. Continue Reading ...

10. How to register an Australian Proprietary Company? (Posted On 19-08-2015)

Forming a company has several advantages than trading as an individual or partnership. Some of the benefits for forming a company are - limited liability for members, tax structure and separate legal identity of the company. Continue Reading ...

9. Company registration at nominal price (incl. ASIC fees & all legal Documents) (Posted On 06-06-2014)

Dear Subscribers, Thank you for using online company registration services. Now you can register a company by using our online service by just paying nominal fees (including ASIC fees). Our fee is $49 including GST and all legal documents. No hidden cost. Continue Reading ...

8. What is the role of a company secretary and is it necessary for a proprietary or private company to appoint a secretary? (Posted On 04-04-2014)

Proprietary limited or private companies can elect to have a secretary but, if they don’t, the usual duties performed by the secretary will need to be absorbed by the company’s director(s). Continue Reading ...

7. What are the important issues to consider when holding directors meetings? (Posted On 28-03-2014)

The first thing to do when calling a meeting of directors is to make sure you understand the process required. This process will be set out in your company’s rules: either your constitution or the Replaceable Rules contained in the Corporations Act. Continue Reading ...

6. What are the steps involved in registering an Australian company? (Posted On 06-12-2013)

The process of registering a company in Australia is more straightforward than you might think. Continue Reading ...

5. What do you need to know about issuing company shares? (Posted On 27-11-2013)

Whether you use the Replaceable Rules or set up your company's own constitution, you will need to follow the law relating to shares and shareholders. Continue Reading ...

4. What legal documents should I receive as part of the Company Registration process? (Posted On 20-11-2013)

Registering an Australian company is a legal process, governed by the Corporations Act and, as such, you should make sure you receive and generate all the correct documentation during and after the registration process. Continue Reading ...

3. What is a Corporate Key? (Posted On 16-05-2013)

A Corporate Key of a company is issued by Australian securities and Investment commission (ASIC). Corporate key is an 8 Digit number uniquely associated with the Company’s Australian Company Number (A.C.N). Continue Reading ...

2. What is a ‘share capital’? (Posted On 02-04-2013)

Proprietary companies limited by shares must have a ‘share capital’. A ‘share capital’ is the means by which the company raises funds to finance the running of the company’s business. The purchase price a shareholder pays for his shareholding is his contribution to the funds by/through which the company is financed. Continue Reading ...

1. What are the characteristics of a proprietary company limited by shares? (Posted On 19-03-2013)

A proprietary company is defined under section 45A(1) of the Corporations Act. A proprietary company must have at least one shareholder and must not levitate its shareholding to more than 50 non-employee shareholders. Each shareholder contributes capital to the company by subscribing and paying for shares. There are no minimum capital requirements. Continue Reading ...