Let us help you register your new company, our fee to do this is only $180 includes GST. We are ASIC Private Service Provider, Registered ASIC Agent Number 43016.
Government Fees is below:
ASIC Company Registration $488
ASIC Business Name Registration or renewal for one year $77
ASIC Business Name Registration or renewal for three years $130
We have helped register many companies for many clients because we are more affordable than their accountants and their lawyers.
About owning a company
A company is a separate legal entity, unlike a sole trader or a partnership structure. This means the company has the same rights as a natural person and can incur debt, sue and be sued. The company’s owners (the shareholders) can limit their personal liability and are generally not liable for company debts.
A company is a complex business structure, with higher set-up and administrative costs because of additional reporting requirements.
A company has different legal, financial and record keeping responsibilities compared to other business structures.
Key aspects of a company structure
Company is a separate legal entity. It has limited liability compared to other structures. Company is a more complex business structure to start and run. It involves higher set up and running costs than other structures. Company requires you to understand and comply with all obligations under the Corporations Act 2001. A company business structure means that business operations are controlled by directors and owned by the shareholders. A Company must be registered for goods and services tax (GST) if the annual GST turnover is $75,000 or more. The registration threshold for non-profit organisations is $150,000. Operating a company means the money the business earns belongs to the company and an annual company tax return is required to be lodged with the ATO.
Below are important links, please read them to undertand more.
Understand the steps in registering a company: https://asic.gov.au/for-business/registering-a-company/steps-to-register-a-company/
Checklist for registering a company: https://asic.gov.au/for-business/registering-a-company/before-you-register-a-company/checklist-for-registering-a-company/
Running a company: https://asic.gov.au/for-business/running-a-company/
Changes to your company: https://asic.gov.au/for-business/changes-to-your-company/
Closing your company: https://asic.gov.au/for-business/closing-your-company/