The most common type of company in Australia is the proprietary company (Pty). A Pty is a legal entity, shareholders liability is limited and is governed by the Corporations Act 2001.
A company incorporated and conducting business in Australia is registered with the Australian Securities and Investment Commission.
To start the incorporation of your Australian company we initially require the proposed company name, details of the company directors and details of the shareholders. Note that it is mandatory to have an Australian as one of the Directors.
A company name must indicate the company's legal status. A proprietary company must include the word 'Proprietary' or the abbreviation 'Pty' in its name.
Only one director of any nationality is necessary for your company. At least one director must be resident in Australia.
Only one shareholder of any nationality is required for your Australian company.
There is no minimum share capital requirement.
There is no requirement to have a company secretary. If a company secretary is needed they must be a resident in Australia.
Your company requires a registered office in Australia and registered agent, which we can provide