Starting a company - How to start a company

This information sheet (INFO 61) sets out the steps involved in starting a company. It covers:

  • deciding if a company structure is right for you
  • choosing a company name
  • deciding how to operate your company
  • understanding your legal obligations as an officeholder
  • getting the consent of those involved in your company
  • registering your company, and
  • understanding your legal obligations regarding your company name, Australian Company Number (ACN) and Australian Business Number (ABN).

Important notice

Please note that this information sheet is a summary giving you basic information about a particular topic. It does not cover the whole of the relevant law regarding that topic, and it is not a substitute for professional advice. Omission of any matter on this information sheet will not relieve a company or its officers from any penalty incurred by failing to comply with the statutory obligations of the Corporations Act.

You should also note that because this information sheet avoids legal language wherever possible, it might include some generalisations about the application of the law. Some provisions of the law referred to have exceptions or important qualifications. In most cases your particular circumstances must be taken into account when determining how the law applies to you.

This is Information Sheet 61 (INFO 61), reissued in April 2012. Information sheets provide concise guidance on a specific process or compliance issue or an overview of detailed guidance.

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Last updated: 25/07/2016 11:40