In our Frequently Asked Questions (FAQ) section we answer some of the most common questions asked when your starting your new company with us. If you do not find an answer to your query below, please contact us, Start New Company.
The Government ASIC fee is $495.00 and our document preparation fee is $93 including GST ($588 total including GST). You’re able to Start your New Company through our site 24 hours a day, 7 days a week, 365 days a year. All legal documentation will be made available to you that you will need to be totally compliant with Australian Company legislation.
For most registrations, once you have completed all relevant questions and payment, there are no errors and your company name are available, you should be reading your constitution within 5 – 10 minutes. All documentation required to comply with Australian law will be available to download within this 5-minute timeframe. In certain circumstances your registration maybe flagged for manual review, but this is generally within the hour, unless outside of ASIC business hours.
A company registration maybe flagged for a manual review in circumstances where most commonly because of the use of non-dictionary words used, or your requested company name is similar to an existing state registered business name.
Once your company registration has been accepted by ASIC, you will need to contact ASIC and advise of the error and complete a form to rectify the error. The new company registration is a legal process, and once a company registration is completed, it must be rectified via a completed advice form to maintain a paper trail.
Company Name is incorrect: Complete a form 208a and lodge with ASIC
Personal Details incorrect: A form 492 will be required to be completed and lodged with ASIC
Omitted Director or Shareholder: A form 484 need to be completed and lodged with ASIC
Best option is to check everything so mistakes are not made.
Once registered all amendments and changes need to be performed directly through ASIC. In some circumstances you may have to seek legal advice – however all changes ultimately need to be advised to ASIC outside of this website.
Anyone over 18 is allowed to register. The only restriction is that at least one director must reside in Australia and the company must have a physical Australian address for its registered office. If no director is able to work in Australia, you may need to seek advice from your legal professional for advice.
Please check your spam folder. It is possible that your email service provider has placed certain filters on your inbox. If you do find them in the spam or junk folder, please whitelist our email address to help stop future mis direction.
Also, please check that you have entered the correct email address into the contact details of your company registration form on our website.
If everything seems right, please contact us as we can investigate the issue further.
At this stage we allow you to register proprietary companies by shares. This structure is the most common as it is used for small and medium sized businesses.
We are also able to register superannuation trustee companies.
At this time, we do not support the registration of public or limited by guarantee companies.
There are many rules regarding the name of a company. Basically, it must be unique (unless you own the same name as a business name) and not too similar to an already registered company, business or trade mark. There are also some restrictions on certain words and language. You may read further on company naming guidelines at the ASIC website.
While completing the new company registration, there is a section where you can advise that your new company name is identical to an already registered business name. If the proposed name is identical, you will need to further advise:
A] the ABN, if the business name was registered after 28 May 2012 OR
B] the state or territory of registration and the registered Business Number, if the business name was registered before 28 May 2012.
Yes. A proprietary company limited by shares is allowed to have one director and one share member and these can be the same person.
It’s OK if you do not have all the information right away as we allow you to save and return to your registration at a later date. You will need:
Full Name, full residential address and date and place of birth for each director or secretary of the new company.
Full name, address and number of shares for each member of the company.
The address of the registered office and principal place of business.
You will receive a PDF of the certificate. ASIC has not provided an original certificate for electronic lodgement since 2001. The PDF that is made available to you by us, is from ASIC directly at the time of new company registration. If you have any concerns about the authenticity of the new company registration certificate you are able to call ASIC to verify.
ASIC does not require and identification to register a new company. You will receive various documents from us after the registration of the new company. These documents need to be printed and signed by the relevant office holders of your new company. These documents do not need to be posted or lodged with ASIC, but kept in a safe place with other company documentation.
When opening a bank account your ASIC documents must match your identification documents required by the bank.
We will provide you with a constitution that has been written specifically for Start New Company and regularly reviewed by our leading law firm in Melbourne.
We accept all major credit cards including Visa and Mastercard. At this stage we are unable to accept Bank Transfer, bPay or PayPal.
Once the new company registration has been accepted by ASIC, we are unable to offer any refunds. Please see out terms and conditions for more information on refunds of the service fee.
Your invoice will be in My Account -> Orders. Click View of the order you wish to see the invoice. You will then see a blue button that you are able to download the invoice from.
If your invoice shows a balance owing, please come back and check the next business day. Once the actual payment from your Credit Card provider is received by us, the invoice will revert to a zero owing balance. You will never have an outstanding company registration invoice from us. Please do not let this alarm you.
Under some circumstances you may be able too. You can lodge a Form 492 ‘Request for Correction’ with ASIC if a minor mistake has been made in the company application. These errors most commonly include a typographical error, such as a space or full stop to be added or omitted, or letters that are transposed or omitted in a word. This form must be lodged strictly within 24 hours of company registration.
To lodge a Form 492 you must:
1. Download a Form 492 ‘Request for correction’ which can be found by clicking here
2. Print this form off
3. Fill out the form as required
4. Scan the filled out form
5. Email the filled out form to email@example.com within the next 24 hours (sooner is better rather than later)
6.In the email the company director needs to write a paragraph stating what needs to be corrected in the company application. State the company’s ACN as well as the company’s name and a contact number.