Lodge online

Register for online access

How to lodge

Download paper forms

Search all forms

Search ASIC registers

Within: 

Search financial services/credit licensees and representatives, liquidators, auditors and more

Professional registers

--------------------------------------------------

More information

Lodge online

decrease text size increase text size print page

Minimum officeholders



A company is required to have a minimum number of directors and secretaries.


Proprietary companies


A proprietary company can generally be identified by the company name ending with the words 'proprietary limited' or the abbreviation 'pty ltd'.


Minimum number of directors for a proprietary company


A proprietary company must have at least 1 director. That director must ordinarily reside in Australia.

(s201A(1) of the Corporations Act 2001)


Minimum number of secretaries for a proprietary company


A proprietary company is not required to have a secretary but, if it does have 1 or more secretaries, at least 1 of them must ordinarily reside in Australia.

(s204A(1) of the Corporations Act 2001)


Public companies


A public company can generally be identified by the company name ending with the word 'limited' or the abbreviation 'ltd' (without the word 'proprietary' or abbreviation 'pty').


Minimum number of directors for a public company


A public company must have at least 3 directors (not counting alternate directors). At least 2 directors must ordinarily reside in Australia.

(s201A(2) of the Corporations Act 2001)


Minimum number of secretaries for a public company


A public company must have at least 1 secretary. At least 1 of them must ordinarily reside in Australia.

(s204A(2) of the Corporations Act 2001)


What happens if my company does not have enough officers?



You should make every effort to ensure that new officers are appointed as quickly as possible to meet the obligations of the company. There is no period in which the company is permitted to function without the required number of officers.

If the company does not have sufficient officers, it will be in breach of the requirements of the Corporations Act 2001.

The consequences of this can be:
This is Information Sheet 49 (INFO 49). Information sheets provide concise guidance on a specific process or compliance issue or an overview of detailed guidance.

decrease text size increase text size print page