Setting up a company in Australia was considered to be among the most tedious of tasks a couple of decades ago. But this is no longer the case. However, the company registration process is still regulated by numerous government policies and it is vital for you to be aware of the process in detail. As the processes are subject to change, an average person might not be able to keep track of the government regulations. If your company is incorporated legally and properly then you can be assured that these government regulations have been met. A major step is to decide which business structure suits your needs. Once you have decided whether you need a Pty Ltd company or any other type of Australia-wide company, you would be burdened with the task of choosing company names. Refer to reliable websites for help in choosing the suitable name as this will determine the identity of your company. The company name must represent its legal status including whether it is a proprietary company or not.
You need to determine if your Australian company will operate under Replaceable Rules in the Corporations Act, a constitution or a combination of both. Getting properly executed consents from the directors, company secretary and members is another inevitable stage involved in company incorporation in Australia. Completion and submission of the application forms was once considered to be the most tiring process due to the paperwork associated with it. The beauty of the innovative technology is that it allows you to complete this stage and lodge the application online. It pays to have an in-depth idea about your legal obligations.