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Shares

One of ASIC’s requirements, upon a new company’s registration, is they must keep a record of all the shares  issued. This record is sometimes called 'the register' or the 'share…

Tips for starting a new business

Great success in business will be the result of good business strategy. Here are some tips which may help your business become not only sustainable, but also more successful. You…

Are the ACN & ABN the same thing?

Simply put, no they’re not.  An Australian Company Number (ACN) is a nine-digit number which is issued by Australian Securities & Investments Commission (ASIC) when a company is registered.  This…

What you need for your ABN application

Before applying for an ABN, you need to have decided on the right structure for your business e.g. sole trader or company. To complete your ABN application – depending on your circumstances…

WINDING UP A STANDARD UNIT TRUST

A standard Unit Trust prepared by our office may be wound up in accordance with clause 3.2.2 reproduced as follows:- The unit holders shall be presently entitled to the capital…

Steps to winding up a discretionary trust

Regardless of the circumstances of the termination of the trust, it is important this termination is valid, ensuring trustee/s, beneficiaries and other associates can be satisfied that all taxes are…

What is a Public Officer?

A public officer is a company's representative to the ATO and is responsible for the company's obligations under the Income Tax Assessment Act 1936 Section 252. The public officer is responsible…

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