faq

Below you will find answers to our most frequently asked questions.

ASIC has laid down certain guidelines to be followed while choosing a company name. The name must not be identical to a company already registered or a registered state trading name. There are also restrictions on certain words. Please follow the link Choose a company name to learn more about the guidelines regarding a company name.

Yes, you can register a company without having a name. However, in that case the Company ACN would become the name for the Company e.g. ' 123 456 789 Pty Ltd'.

Yes, anyone can register an Australian company. The only conditions are; Company must have at least one Australian resident director and a physical Australian address for the registered office of the Company.

Yes, a Pty Ltd company can be formed with one person who can be both a shareholder and a director.

Yes, you can register a 'Special Purpose' company which act as trustee of an SMSF with us. However we do not provide service to register other types of special purpose companies. Constitution of this special purpose company must have relevant clauses to specifically state that it is a special purpose company to act as trustee of SMSF. Hence a special purpose company must adopt a constitution as it can't be governed by replaceable rules.

Yes our online form allows you to register a company with the same name as your registered state business name. You will need to provide the state of registration and registration number of that business name at relevant place in the application form.

If you have your proposed name already reserved with ASIC, you need to send across reservation letter received from ASIC and an authorisation letter to our support team who will then help you lodge the application to ASIC for manual review. Once your application is submitted, our support team will get in touch with you to proceed further in the matter.

The total cost is $576 which includes ASIC fees of $576. Our fees is only $0
By paying small fees of $0, you will get instant registration of your company and receive all required legal documents including Company Constitution, Minutes of Meeting, Share Register, Form 201 etc in your registered email account.

We have direct connectivity with ASIC servers. Hence if your application is error free and is not marked for manual processing, your company will usually get registered within 2-3 minutes of submission. As soon as the company is registered, all the relevant documents are automatically generated and emailed to you by our system instantly.

Companies which are selected for manual processing may take longer to get registered. Although ASIC has specified a time frame of up to 24 hours to process these companies, our experience says these companies are usually registered within 30 minutes to 2 hours if lodged during the ASIC working time. For companies lodged after office hours or on holidays and which are marked for manual processing, these are usually processed on next working day.

Companies get usually marked for manual processing if proposed name of the company contain a word which is not there in dictionary or proposed name of the company is identical to an existing registered company or registered state business name.

You can only register a Proprietary company limited by shares on our website.

Yes you can. Our online platform is available 24/7 on all devices. Moreover, being a registered ASIC agent, we have direct connectivity with ASIC server which means you can form your company at any time and place.

If your company has not yet been registered and is rejected by ASIC for whatsoever reason, you can access your application by logging in and edit the information before resubmitting it.

However, if the company has already been registered, the matter moves to ASIC's domain and we will not be able to help you. There are various forms provided by ASIC to change various details.

Some of these are;

Form 205a: For correcting incorrect company name. There is a fee of $ 422 to lodge this form. So you need to be very careful while filling the form. Even if you commit a typing mistake, it would cost $ 422 to fix.

Form 484: For changing details of company like adding or deleting a director or shareholder or changing share structure or changing office of company.

Form 492: Request for correction. This form is to notify a correction to a previously lodged document that has been fully processed by ASIC.

No. We provide online service to register companies with ASIC. We are not a law firm or accountants. We cannot advice you on the suitability or otherwise of the company structure for your circumstances. All the information provided on our website is generic in nature and you should seek suitable professional advice before buying anything from our website.

No, we do not provide a common seal. Since 1st July, 1998 the use of a common seal is optional. A document is considered correctly executed by a company if it is signed by two directors or a director and secretary or by a single director if he is the sole director and secretary.

Out of total fee, $576 goes to ASIC as registration fee and balance is our service fee plus cost of documents provided. Once a company is registered, the ASIC fee of $576 is not recoverable. The only refund possible is of our service fee and that too under exceptional circumstances at our absolute discretion.

However, if the company is rejected by ASIC and you don't want to proceed with the registration process, we can refund the whole amount after deducting 4% on account of merchant charges.

If you opt for the ABN bundle, we will lodge your applications for ABN/TFN, GST and/or PAYG withholding with the ATO. We will send you the ABN on our registered email Id. However, Tax File Number (TFN) is sent by the ATO to the Company's nominated address for service of notice. Once registered, your ABN will also appear on the "ABN Lookup" page on Australian Business Register website.
An Australian Business Number (ABN) is a unique 11 digit number that identifies your business to the government and community. You can apply for an ABN for free on www.abr.gov.au. However, the form on ABR takes about half hour to fill as it is several pages long. Our form prefills most of the required details from the company form and requires a few additional details like TFN for members etc. to complete it. It saves you a lot of time and makes the process error free. We notify you when your ABN is registered and is ready to use.
We can only lodge ABN/TFN, GST and/or PAYG withholding applications for a proprietary limited company if it is an Australian resident company for tax purposes and is incorporated for profit and it does not operate an agricultural business or owned or controlled by a state or local government.
When you deal with Australian Tax Office you will need ABN. When you supply goods and Services, you are required to charge Goods & Services Tax (GST) by law if your annual turnover is over $75,000. Also when you purchase goods and services, you pay GST, to claim or remit GST, you need an ABN.
Company's registered by ASIC are eligible for ABN if they carry on an enterprise. If your company is going to only act as a trustee of a trust, usually you will not need ABN for that trustee company, however, we recommend that you seek your independent legal advice or talk to ATO.
If your company is carrying on an enterprise and its turnover is over $75,000 then you must register for GST and charge GST to your clients on the goods and services you supply and issue a Tax Invoice displaying your company's ABN. If your turnover is less than $75,000, then GST registration is optional unless you operate certain types of enterprise, like a taxi. We recommend that you seek your independent legal advice or talk to ATO.
If an identity of any company associate cannot be verified or more information is needed by Australian Business Registrar (ABR) then it is possible that instead of ABN you get a reference number by ABR, in all other cases, you will get ABN instantly.
Yes, it is possible that ABR refuses to issue you ABN in some exceptional circumstances. They will send you a refusal number and you will receive a letter within 14 days confirming your refusal and the reasons for refusal.
Your application with ABR is lodged as soon as your company is registered with ASIC and ACN is available, this takes usually a couple of minutes. Once the application for ABN is lodged ABN is issued immediately, say within 10 minutes of company being registered.
However if any information is incorrect, for example the information provided does not match ATO records, then ABR will need some more information from you. This new information will be requested by ABR directly within 28 days of your form being lodged.
No, since a company is a separate entity, it must apply for its own ABN. An ABN identifies a particular business and if you are trading as a sole trader, then your ABN is for that enterprise and not for your new company.
Yes, once your company is registered and we have sent you your company's ACN, you can apply for the ABN directly on www.abr.gov.au
The information collected by us is the same as required by ABR however, for the ease of our customers who are filling out the form, we have automatically filled in answers for same of the standards questions based on your responses. Also some of the non-mandaotry questions have not been considered. If you intend to provide additional details, you can always contact them and update your details. Details of the these questions as well as our presumed answers are as follows:

# QUESTIONS RESPONSE
ABN FORM
ABN Entitlement
1 For taxation purposes which type of entity is the applicant?* Company / Private Company
2 Have you registered with the Australian Securities and Investments Commission (ASIC) and have an Australian Company Number (ACN)?* Yes
Application detail
3 Does the applicant currently have an Australian Business Number (ABN) or previously had an ABN?* No
4 Does the applicant wish to apply for an Australian Business Number (ABN)?* Yes
5 Does the applicant have a Tax File Number?* No
6 Does the applicant wish to apply for a Tax File Number?* Yes
Business Information
7 What type of organisation is the applicant?* Australian private company
8 Is the applicant an Australian resident for tax purposes? Yes
9 Is the applicant a type of organisation that fits within an income tax exempt category? No
10 Is the applicant a not-for-profit organisation? No
11 Is the Australian Private Company owned or controlled by Commonwealth, State, Territory or Local Government? No
12 Does the Australian Private Company operate an agricultural property?* No
13 What is the Australian Private Company's email address for service of notices and correspondence? Authorized person email address
14 Does the Australian Private Company have more than one business location in Australia?* No
Reason for application
15 Why is the Australian Private Company applying for an ABN?* New Business in Australia
16 Is this the Australian Private Company's first time in business in Australia?* Yes
GST FORM
1 Select the option that describes the reason for the Australian Private Company's GST application Required by Law or Voluntary Registration - System will select the option depending upon level of expected turnover selected by you. If the turnover is more than $75,000 system will select "By Law" otherwise selected option is "Voluntary"
2 Fuel Tax Credit Registration No
PAYG Registration
1 Is the Australian private company required to register for PAYG Withholding? Yes
2 On what date did, or will, the Australian Private Company commence PAYG Withholding?* Default ABN date
3 Will the Australian private company pay royalties,dividends or interest to non residents OR report investment income paid to australian residents? No
4 How will the Australian private company provide payment summaries to its payees? If you have selected Paper supplied by the Tax office then Using payment summaries supplied by The Tax office will be selected automatically and If you have selected Electronically then Printing own summaries on plain paper will be selected automatically.

Your application may be rejected by ASIC for a number of reasons like proposed company name not conforming to the guidelines laid down by ASIC, incorrect holding company's ACN or for any other reason. If your application is rejected, you will receive an email from our system detailing the reason of rejection. You can login to our website using your password and fix the application and re-lodge it. If you have any difficulty, please do not hesitate to contact our support centre on 02 9638 4081.

As soon as the company is registered with ASIC, our automatic system generates all the relevant documents which are instantly emailed to you. You can also get the documents printed, professionally bound and express couriered to you in a 'Deluxe Soft Leather Feel' folder with all documents marked with 'Sign Here' stickers by paying additional $75.00

All these documents can also be downloaded from our website anytime and from anywhere after logging in.

No, if you wish to register your company for ABN/TFN/GST and/or PAYG Withholding, you will have to opt for it while filling up the form. There is an additional fee of $19 for all these registrations.