Any business established and operated in Australia must be registered with the AUSTRALIAN SECURITIES COMMISSION. With a few exceptions, business organizations in Australia can be divided into three broad categories.
(1) General business registration;
(2) Private limited company (PTY LTD);
(3) Public limited company (PUBLIC) COMPANY).
1. Ordinary business registration is commonly known as unlimited company. The establishment process is very simple. The applicant first selects a business name (Business Name), and then goes to the Business Registration Bureau to collect and fill in a very simple form. You only need to pay the registration fee of AUD 75. If the name you choose does not conflict with any existing business name, the Business Registration Bureau will issue a business registration license within three weeks.
2. A private limited company must be formed in accordance with the company laws of each province. Its establishment method is very complicated. It requires an accountant, lawyer or agency that specializes in setting up companies on behalf of clients. Government fees and agency fees range from AUD 1,500 to Prices range from A$2,000 and above. Private limited companies do not require auditing in Australia and are quite suitable for small and medium-sized institutions.
3. A public limited company is a larger organization, the establishment process is more complicated than a private limited company, and there is a specified minimum number of shareholders. The government has strict controls on such companies, and public limited companies are divided into two categories: listed companies and unlisted companies. Because this type of company belongs to the system of a large organization, it is not suitable for general merchants.
Extended information:
Australian company registration procedures:
1. After the customer confirms the registered name, signs the entrustment and agreement contract, and must pay 70 as a deposit , and then pay the balance in full after the company registration is completed.
2. Declaration of Compliance (prepared by us in English);
3. Standard version or prepared "Articles of Association" and "Memorandum of Organization"; (prepared by us) Prepared by us)
4. Investment intention plan; (written by us)
Information required for Chinese to register a U.S. company:
1. U.S. company Name (English);
2. Scanned copies of ID cards or passports and autographs of directors and shareholders;
3. Proof of address (passport, utility bill, bank statement, etc.) ;
4. Business scope (product categories, varieties and services);
5. The proportion of shares held by each shareholder of the U.S. company applied for registration.
Reference materials: Baidu Encyclopedia - Australia
Reference materials: Baidu Encyclopedia - Legal Guide for Chinese Enterprises Doing Business Abroad