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Did you know Australian companies can use a currency other than Australian dollars for their share capital? However, ASIC’s Companies Register does not allow for currency selection when lodging this information with ASIC. This means anyone reviewing a company’s share capital on public record can easily be misled. They may assume that the amounts shown on the register are in Australian dollars when in fact they could be in any currency.

Directors, Secretaries…. when registering a new company make sure you use your official legal name on the ASIC registration application.

Registering a new company is not just about obtaining an ACN and Certificate of Registration so you can commence trading.

CorpSec Services will guide you through the company registration process so you can make informed decisions and get it right the first time.