Let us suppose that you are one of those profit minded geeks in Australia. You are a quick learner and want to earn a lot of money in life. You always wanted to start a company of your own and not work for somebody else’s venture. You are willing to take risks in order to achieve what you want. In fact, you have already started working towards your goal. You have a company and a team working under you. But is that all you need?
You need to register your company with the Australian Securities and Investment Commission (ASIC). Registering your company is a task full of hassles. But it is mandatory. You have no way out if you wish to carry out an ethical business. You can easily get service providers who may be willing to do this cumbersome chore for you. They may charge a bit for their efforts. But you can shed off the burden from your shoulders and relax while your work is getting completed.
When you register your company with ASIC, you get an Australian Company Number (ACN). An ACN is similar to the name of your company. It will be the identification of your company. You will have to include this number in all your company documents that are made public. It is a unique nine digit number. It does not take a lot of time for the ACN to arrive. Certain good quality service providers promise to get a company registered within twenty minutes.
The requirement for an authentic ACN is not much! You need to have a company name that is unique. You also need to have a registered office. The office need not be open to the public. But it should be a place where ASIC can send communication messages. The office can be the owner’s possession or a rented property. Hiring the services of an online service provider proves to be handy in such a situation. They can do the needful and also get your company registered at a low fee.
Any type of company can be registered with the ASIC. It can be a public company, a proprietary company, or a private company. There are many more formalities to be carried out after the formal registration of a company. A service provider to help you with the registration of a company and the acquirement of an ACN will ease the entire task for you. You can concentrate on your business while the documentation is carried out by an independent but dedicated service provider.