Before proceeding, we note the following terms of service:
The Work (what's included)
- Registration of a proprietary limited (pty ltd) company
- Company constitution
- Electronic company register including resolutions, share certificates and member and officeholder registries
- Cover letter including a ten (10) page summary of company law and director duties
- Our Service Agreement can be found here.
- By submitting your instructions through this interview, you (or the entity you represent) agree to be bound by the Service Agreement with Chat Legal Pty Ltd ABN 64 621 391 553 (Chat Legal).
- Use and the provision of instructions through this interview constitutes electronic communication of the Work you engage Chat Legal to undertake.
- Our Work is limited to the items listed above and does not include any tax or legal advice.
- Separate tax and legal advice can be provided for an additional fixed price.
- We have provided general information relating to the Work in this interview to assist you, including listing some issues to consider.
- Our fixed price to undertake the Work is $220 (GST inclusive) plus a government (ASIC) registration fee of $506 (total cost of $726).
- A tax invoice will be issued at the time of providing the documents to you.
Privacy and use of personal information
- Chat Legal respects your privacy.
- Any personal information you provide to enable Chat Legal to generate the required documents will only be used for that purpose.
- If you do not want your personal information disclosed or used in any way by Chat Legal, please contact our Director, Darius Hii at email@example.com. We may be unable to act for you in this case.
Below are the steps required to undertake the Work:
Issues to consider
Some issues that should be considered in relation to structuring a 'Pty Ltd' company are provided below (although the list is not exhaustive):
- What's the intended purpose of the company?
- Whether the use of a company for the purpose is appropriate or would a trust be better suited?
- How should the company be structured? Does it need to be structured to reduce unnecessary liability arising for relevant persons (such as non-at-risk persons)? Should the shares be held individually or through a separate entity?
- Will any third party (such as a bank) requires certain people to act as director and will this affect the wider objectives?
- Are there any tax issues, particularly where non-residents are in key roles in the company?
- Has the broad corporations law requirements and compliance issues (such as the rights and obligations imposed on directors) been explained to relevant persons.
If you would like us to advise you regarding the structuring of the company, please contact us at firstname.lastname@example.org and we can provide you with a fixed price quote to assist.
Please note that persons must consent to being appointed as a director of a company and such consent must be retained with the records of the company. It is strongly recommended that individuals are advised of the various laws potentially affecting directors of a company and the liability that may attach prior to consenting to act.
Please check your instructions carefuly prior to submitting. Additional costs may apply to correct any errors.