Before a person can be appointed as a director, they will need to obtain a director identification number. You can apply for a director identification number via the Australian Business Registry Services – Director identification number | Australian Business Registry Services (ABRS).
A proprietary company is not required to have a secretary but if they do have one or more secretaries, one of them must also ordinarily reside in Australia. Only an individual who is at least 18 may be appointed as a secretary.
Australian taxation law requires every company carrying on business in Australia, or deriving income from property in Australia to be represented by a public officer.
The company must notify the Australian Taxation Office of the identity of its public officer within three months of commencing business or deriving income in Australia. The public officer is the Australian Taxation Office’s official point-of-contact in relation to the company.
Only an individual who is at least 18 years old and generally resides in Australia can be appointed as a public officer.
Shares do not have ‘standard’ rights.
Different rights attach to different classes of shares and these rights may also be different to the rights attaching to the same class of shares in another company.
The rights attaching to the different classes of shares are set out in a company’s constitution.
Clients will need to consider what rights they intend the proposed shareholders to have and the tax implications of issuing more than one class of shares.
Setting up a company is a crucial step for any business, and CGW Structures makes the process straightforward, compliant and efficient.
We specialise in company establishment services for business owners across Australia, providing tailored solutions to suit a wide range of commercial needs. Our company registers come complete with constitution, minutes and forms required to comply with the Corporations Act.
Accessible directly through CGW Structures, or through your accountant or business adviser, our company establishment service covers everything you need to get your business up and running with confidence.
We handle the preparation and electronic lodgement of all required documents with the Australian Securities and Investments Commission (ASIC), ensuring your company is registered quickly and accurately. Our streamlined process minimises delays and reduces the risk of errors, so you can focus on growing your business from day one.
CGW Structures offers a variety of company types, including proprietary limited companies (Pty Ltd), public companies, special purpose companies for SMSFs, and more. Our customisable templates allow you to select the structure that best fits your business goals, whether you’re starting a new venture, restructuring or setting up a corporate trustee.
Each company package includes a comprehensive suite of documents, such as constitutions, registers, share certificates, consents and minutes, delivered electronically for your convenience.
We understand the importance of compliance and staying up to date with legislative changes. Our documents are regularly reviewed and updated to reflect the latest requirements under the Corporations Act and ASIC regulations. This ensures your company is established on a solid legal foundation and remains compliant as laws evolve.
Beyond initial company registration, CGW Structures provides ongoing support for company secretarial needs, including updates to company details, director and shareholder changes, share transfers and company deregistration. Our fixed-fee pricing model offers transparency and peace of mind, with no hidden costs.
Choose CGW Structures for reliable, efficient and compliant company establishment services. With our expertise and commitment to quality, you can be confident your company is set up for success from the start.
Contact us today to find out how we can help you establish the right company structure for your business.
