AUSTRALIAN BUSINESS CREATION
Registration of Companies in Australia..
KGN Services specializes in Australia company formation and bank account opening.
Australian Businesses: Key Aspects
Type of business for international trade, investment and tax planning
– Proprietary company (limited by shares)
Australia’s Incorporation
Share capital
The Companies Act no longer contains concepts of a company having a stated Authorized Capital or a “par” value for its shares. A company may issue up to any number of shares it wishes and within reasonable limits, at any value.
Available share classes
registered shares, preference shares, redeemable shares and shares with or without voting rights.
Bearer shares
Not allowed.
Restrictions on trade
Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship are not permitted.
Registered domicile required
Every Australian company must have a registered office in Australia.
Directors
An Australian company requires at least one director. Director can be of any nationality and need not be resident, but at least one director must be resident in Australia. Company directors are not permitted.
Shareholders
An Australian company requires at least one shareholder.
Taxation
30%.
Access to double taxation
Yes.
Requirements for registration of accounts
Not required for small businesses.
Requirement to submit an annual statement
None.
Revision requirements
Not required for small businesses.
Name of a company
The words “Proprietary Limited” or “Pty. Ltd.” must be part of the name of all Australian proprietary companies (limited by shares).
Time to incorporate
Two days.
Why choose KGN Services?
We have been helping business owners since 1996
Incorporating your company is our focus
We make a complex process quick and easy
We work closely with business registries to guarantee our service
Fastest Offshore Companies and Accounts – Most Competitive Rates Worldwide
Services related to Australia Company formation
KGN Services provides the following services related to Australia Company Formation
- Company formation in Australia
- Registered office and agent services in Australia
- Australia Company Secretarial Services
- Nominated shareholder / nominated director
- Opening bank accounts
- Full Australia Company Administration Services
- Postal address in Australia
- Trademark registration
- Registration of yacht
KGN Services | Australia Company Formation
Requirement to submit an annual statement
