How to Register a company

“How to register a company” is a question which is frequently asked by many clients who want to give a proper legal structure to their business. This question only comes to your mind if you have decided if a company structure is right for you Business Structure Set-Up (Sole Traders, Companies, Trusts, Partnerships)) , you have chosen a company name, decided how to operate your company, understood your legal obligations as an officeholder.

“A proprietary company must include the word ‘Proprietary’ or the abbreviation ‘Pty’ in its name and must also show the liability of its members, unless the members’ liability is unlimited. For example: If the liability of the company’s members is limited to the amount unpaid on their shares, the company name must end with the word ‘Proprietary Limited’. If the liability of the members is unlimited, the company name will only end with the words ‘Proprietary’.” (ASIC Australia)

You can only choose a company name that is not already registered to a company or business. Use Check Name Availability to confirm whether your proposed name is identical or similar to another name already registered. You can only choose a company name that is not already registered to a company or business. Use Check Name Availability Opens new window to confirm whether your proposed name is identical or similar to another name already registered. Please take advise before naming directors as it may affect future tax and legal obligations. You will need personal details of all office holders.

Once everything is ready you may want to register company with ASIC yourself or you can also ask us to register the company . As a company will also involve registering for ABN , TFN, GST, PAYG and other registration which will depend on individual structure and business of each entity. It may cost you anywhere from $990.00 to $1,100.00 for the whole process. This fees includes ASIC fee which is out of pocket expense.

You may send us an email if you want to open a company please email us your requirements at support@eazytax.com.au



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