Shelf Company with online ASIC registration
Shelf Company online immediately 24/7 with your choice of name: “Shelf Companies” is now a misleading word as integration with ASIC databases means that your company can be registered online real time.
Company registration though onlinelegal’s online Companies is now instantaneous and fully automated so that your ACN and all legal documents for your company including Certificate of Incorporation, Constitution, Minutes of Directors meetings, Consent forms are all immediately emailed to you.
The computer server integrates with ASIC to register a company on the spot, with the name you choose, at any time of the night or day, from wherever you are in the world.
Shelf Company providers used to have a whole lot of companies incorporated and literally “sitting on the shelf” waiting for someone to buy them. Shelf Companies used to have weird and wonderful names as they had to have a name to be registered and then you had to change the name later. No more. Now, because company registration is instant, you register the company with the name of your choice.
Another, annoying feature of shelf companies was that the original directors and shareholders were employees of the shelf company provider and their names would forever stay on the company records. This often lead to the question, “who on earth are these people?” No more. Now, with immediate company registration the original directors and shareholders are those you choose.
Buying a shelf company has never been simpler. ASIC Company Registration is now just a click away. Click here to learn more about online Companies.
Better still, ASIC reduced the fee for incorporating a company from $800 to $400 on 1 July. There has never been a better time to register your company.
Company Registration 24/7 > GO
Another great resource from www.onlinelegal.com.au
Company incorporation - half price
Company registration: Half price from 12.01am 1 July 2006.
ASIC has announced that it will halve its company registration fees from $800 to $400 effective from 1 July 2006.
This price reduction will be effective at our payment gateway from the time it become effective.
So from 1 minute past midnight on the night of 30 June, incorporating a new company, with your choice of name, will only cost $537.50.
The price change is expected around 9.30am on Saturday 1 July. Online applications after midnight on 30 June until will be queued until the change takes effect.
So you can register a new company this Saturday or Sunday and have your ACN emailed the same day (usually within 20 minutes) all for $537.50.
Incorporation is so simple.
More resources: online Companies from www.onlinelegal.com.au
Full company incorporation online
Companies: Registering a company through online legal could not be easier:
1. All fees are paid through one payment gateway, including ASIC fees.
2. There is no need to post or take anything to ASIC. Integration with ASIC is electronic and automated.
3. Free Help Desk via a 1 300 number is available with access to the lawyers who certify the documents.
Forming a company could not be easier with plenty of online hints and tips plus access to a “real person” to help you, if need be.
Have your ACN in 20 minutes.
More resources: online Companies from www.onlinelegal.com.au
Tax Time - restructuring resources
End of financial year : Get yourself to the front of the que with your end of financial year structuring with these 24/7 online legal resources:
-
Form a Company and obtain an ACN within 20 minutes ($937.50)
-
Form a Discretionary Trust ($137.50)
-
Form a Self Managed Super Fund ($137.50)
More online legal resources at www.onlinelegal.com.au
Trustees of Discretionary / Family Trusts - individual v corporate
Individual or corporate Trustee? This is a question that we are regularly asked when it comes to setting up a trust. Here are some tips to help you decide:
A Corporate trustee is the way to go when any of the following apply:
1. The trust will be engaging in any “at risk” activity - that is activity that could result in liability. In the current climate “risk activity” is really anything other than holding shares, units, bonds or deposits. Reason: The trustee is responsible for liabilities it/he/she incurs for the trust (subject to a usual right of indemnity from the trust).
2. The trust is going to hold real estate. Increasingly this is a “risky” venture anyway. Some States now require more than one individual trustee for registration purposes, or of course, a company.
3. The individual who would act as the trustee is a “high risk” person. By high risk person I mean someone who faces large personal liability, by reason of their occupation for example. While the trust assets are not owned by that person personally, you want to minimise any risk of them being dragged in by a vexatious claimant.
4. If you think it is almost certain that you will change to a corporate trustee in the near future. Reason: Cost. When you change trustee you will need to have a Deed or Retirement and Appointment of New Trustee prepared, stamped and possibly recorded on various registers. Avoid the extra cost, “bite the bullet” now and form the company.
Extra tip: make sure that the shareholder of the trustee company is not a “high risk” person.
Trust resources from www.onlinelegal.com.au:
Company resources from www.onlinelegal.com.au:
-
Incorporate a new company in 20 minutes 24/7
online Companies - 24/7 Immediate Company Registration
Company Incorporation: online Company Incorporation is now a reality. Gone are the days of faxing your order off and waiting for the better part of a day or more for the documents.
And gone are the days of buying a shelf company with a meaningless name and then having to change it.
Here and now you can incorporate a company real time, under your preferred name (as long as it is available, which you can of course check online. Click here to go to the ASIC Identical Names Checker).
Tip: Incorporate a Company = Register a Company. (They mean the same thing).
FAQ’s about online company formation:
-
How long does it take to incorporate a company online? 20 minutes.
-
Do I get an ACN in 20 minutes? Yes
-
Do I get an ASIC Certificate of Incorporation in 20 minutes? Yes
-
What about what I need to open a bank account? Emailed to you in 20 minutes
-
What about a common seal? You don’t need one any more
-
Do I have to sign anything? The first office holder or office holders (i.e. director and secretary) must sign Consents to act. They are the first documents emailed to you. You say you have them and then continue.
-
Do lawyers guarantee the documents? Yes
Incorporate now:
Other online Companies products from www.onlinelegal.com.au:
Asset Protection - Single Director Companies
Asset Protection is a word that rouses suspicion of unscrupulous corporate high flyers taking advantage of others. That is the furthest thing from my mind.
Asset Protection should be considered by all sober minded rational people living in an increasingly “rights driven” litigation mad society. Blame is often used as a lever for financial win-fall. The concept of reasonable recovery for loss is often forgotten.
This is particularly true for those involved in small and medium sized business. Here is a sample of unfair risks faced daily by many participants in this sector:
- Customers simply refusing to pay
- Customers (or others in the vicinity) making claims that the action (or lack of action) of the business leadership has caused them loss
- Personal guarantees having to be provided by the business leaders to every supplier of the business
- Staff starting a project and dropping the ball or simply leaving the game
- A mistake (which honestly, everyone makes) costing the business dearly
These risks mean that the leaders of these business enterprises must carefully examine just who should take on the role of “director” and so put themselves directly and often personally in “the line of fire.”
The Corporations Law in Australia has allowed a single officeholder (that is one person being the director and secretary) for some time now. It seems to me that small business owners must take advantage of this and ensure that only one of the partners to a marriage or de-facto relationship take this role and the risk that goes with it.
Here’s all you need to make a change from a multiple director company to a single director company:
Sole Director Package $49.50
Another useful resource relevant to all business leaders (and particularly those involved in leadership of Not for Profit Organisations):
Personal Asset Protection Health Check (for those involved in leadership of Not for Profit Organisations) LawPack $19.95
More useful resources can be found at www.onlinelegal.com.au. For example: