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How to form a company_1
« en: Septiembre 18, 2013, 07:15:46 pm »
Introduction: This article explains the basic steps to take when setting up a new company in Australia. Although each state has small discrepancies,eccobiom-dk, the basic procedure,billigeeccosko, outlined below,clarksdesertboots, is the same. There are many company structures in Australia ?the most commonly chosen is the roprietary company? These are denoted by the words "Pty Limited" or "Pty Ltd". To help you differentiate, here are the major differences between public and proprietary companies are: ?Proprietary companies must have at least 1 shareholder but no more than 50 non-employee shareholders. Public companies must also have at least 1 shareholder,clarksdesertbootsstore, however,clarksdesertbootsoutlet, there is no limit on the number of shareholders; ?Proprietary companies must have at least 1 director who must ordinarily be resident in Australia. Conversely, public companies must have at least 3 directors ?2 of whom must ordinarily be residents in Australia; ? Proprietary companies cannot engage in any activity that would require the lodgement of a prospectus (except for

 

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