Register Company

Company

Number of Business Owners: 1-2+

Advantages:

  • Shareholders’ liability is limited to the value of their shares
  • Companies pay tax at a lower rate
  • Some personal asset protection

Disadvantages:

  • More complex structure with ongoing administrative requirements, eg company tax returns, reporting to ASIC & ATO
  • Director & shareholder details are on the public record
  • Directors can be liable for the losses of the company

Quick tip! Make sure to get all company officers and shareholders/members to sign a consent form before you register your company. Get your forms here:

pdfConsent to act as Director

pdfConsent to act as Secretary

pdfConsent to act as Public Officer

pdfConsent to act as a Member - Individual member

pdfConsent to act as a Member - Company member