Can I Change The Name Of My Company Once Setup?
Yes, you can change your company details after it is set up in Australia. The Australian Securities and Investments Commission (ASIC) allows companies to update their details by lodging the appropriate forms and providing the necessary documentation.
Perth Legal Docs can prepare the relevant documents for you at a small fee if you prefer.
When you set up a company in Australia, it’s important to keep your details up-to-date. Whether it’s your business address, the directors or shareholders, or other details, it’s important to make any changes as soon as possible to ensure your company stays in good standing with the Australian Securities and Investments Commission (ASIC).
One of the most common reasons for changing company details is a change of business address. If you move your office or business premises, it’s important to update your company’s details with ASIC so that they have your correct mailing address on file. This will ensure that you receive any important correspondence from ASIC, such as annual statements and reminders.
Another common change is the addition or removal of directors or shareholders. If there is a change in the ownership or control of your company, it’s important to update the details with ASIC so that they have an accurate record of who is responsible for the company. This will help to ensure that your company stays in good standing with ASIC and that the right people are held accountable for any issues that may arise.
It’s also important to keep your family trust or discretionary trust up-to-date. If there are any changes to the trustees or the beneficiaries, it’s important to update the details with ASIC so that they have an accurate record of who is responsible for the trust. This will help to ensure that the right people are held accountable for any issues that may arise.
The process for changing your company details with ASIC is straightforward and can be done online. You will need to log in to your ASIC Connect account and update the details. If you don’t have an ASIC Connect account, you can create one easily and quickly. Once you have updated your details, ASIC will process the changes and notify you once they have been approved.
In addition to updating your details with ASIC, you may also need to update your details with other government agencies, such as the Australian Taxation Office (ATO). It’s important to keep all of your details up-to-date with all relevant government agencies to ensure that your company stays in good standing and that you comply with all relevant regulations.
In conclusion, it’s important to keep your company details up-to-date with ASIC to ensure that your company stays in good standing and that the right people are held accountable for any issues that may arise. The process for changing your details is straightforward and can be done online, so it’s easy to make the necessary updates.