Set up a company (pty ltd)

This interview will assist you in generating documents allowing for the establishment of a proprietary limited (pty ltd) copmany (the 'Work').

Terms of use

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

Service Agreement

  • 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.
  • Please take the time to read our privacy policy here to understand how we deal with any information collected.
  • 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 darius@chatlegal.com.au. We may be unable to act for you in this case.

If you have any queries in relation to the above terms of use, please feel free to contact our Director, Darius Hii at 0403 923 374 or darius@chatlegal.com.au.

Process

Below are the steps required to undertake the Work:

  • Complete this interview - useful information and tips will be provided throughout to assist you in answering the questions. Please ensure you carefully check your instructions prior to submission.
  • Provide contact details - please ensure the information you provide is correct otherwise the Work may not be provided to the correct email address. You will also be able to provide us with background information or questions to consider. If reasonable, we will consider such information as part of our review. If not appropriate or if we identify potential concerns, we will provide you with some suggested next steps.
  • Review by specialist lawyer - upon submission, a specialist lawyer will review your instructions and (provided no concerns or issues identified) arrange for the Work to be finalised within one (1) business day of receipt of instructions.
  • Receive finalised documents - once reviewed, you will receive the finalised Work by email with (if relevant), ancillary comments relating to any background information or questions you have provided. A tax invoice will also be provided that this step.
  • 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 letschat@chatlegal.com.au 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.

    Instructions

    Please check your instructions carefuly prior to submitting. Additional costs may apply to correct any errors.

    Please include 'Pty Ltd' e.g. John Smith Pty Ltd. Please ensure the name of the company is unique. It is not possible to create a company where the name has already been taken or closely resembles an existing company name. You can check the availability of the selected company name at the following link: https://asic.gov.au/online-services/search-asics-registers/companies-and-organisations/check-name-availability/

    In the following format: Unit/Street address, Suburb, State, Postcode. Please note that all company correspondence from the Government will be sent to this address.

    Only complete if another entity occupies the above registered office address.

    If the same as the registered office, then insert ' As above'

    Include: Full legal name | Address | Date of birth | Town of birth | State/Territory of birth | Country of birth

    Include: Full legal name | Address | Date of birth | Town of birth | State/Territory of birth | Country of birth

    Include: Full legal name | Address | Date of birth | Town of birth | State/Territory of birth | Country of birth

    Include: Full legal name | Address | Date of birth | Town of birth | State/Territory of birth | Country of birth

    If director acting as secretary, then please name director, otherwise include: Full legal name | Address | Date of birth | Town of birth | State/Territory of birth | Country of birth

    Include: Full legal name (including if a trust) | Address | Number and class of shares issued | Paid value per share (usually $1.00) | Whether any shares are unpaid (usually no). Example: John Smith | 123 Apple Street, Brisbane, QLD 4000 | 12 Ordinary Class Shares | $1.00 per share | No shares amounts unpaid

    Include: Full legal name (including if a trust) | Address | Number and class of shares issued | Paid value per share (usually $1.00) | Whether any shares are unpaid (usually no). Example: John Smith | 123 Apple Street, Brisbane, QLD 4000 | 12 Ordinary Class Shares | $1.00 per share | No shares amounts unpaid

    Include: Full legal name (including if a trust) | Address | Number and class of shares issued | Paid value per share (usually $1.00) | Whether any shares are unpaid (usually no). Example: John Smith | 123 Apple Street, Brisbane, QLD 4000 | 12 Ordinary Class Shares | $1.00 per share | No shares amounts unpaid

    Include: Full legal name (including if a trust) | Address | Number and class of shares issued | Paid value per share (usually $1.00) | Whether any shares are unpaid (usually no). Example: John Smith | 123 Apple Street, Brisbane, QLD 4000 | 12 Ordinary Class Shares | $1.00 per share | No shares amounts unpaid

    Select yes only if 100% of the shares are owned by another company, or are held by individuals who hold the shares on bare trust for a company.

    Only complete if shares are wholly held by another registered company

    This email will receive the prepared documents and tax invoice for payment

    Who is the company being created for?

    Please let us know the purpose for setting up the company, any background information or any queries you may have. We can consider this when reviewing the generated documents, otherwise, you may leave this blank.

    Please provide us with a discount code if known.

    Contact us