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Company Registration

Learn how to register a company, how best to set up a company in Australia with ASIC and more.

Can I use my own constitution to register a Not-For-Profit Pty Ltd with Patricia Holdings?

Of course you can. In order to meet ASIC’s eligibility requirements of a special purpose not-for-profit company and take advantage of the reduced annual review fee, you will need to make sure that the constitution:

- Requires the company to pursue charitable purposes only and to apply its income in promoting those purposes;

- Prohibits the company making distributions to its members and paying fees to its directors; and

- Requires its directors to approve all other payments the company makes to them.

- Specifies that on winding-up, the company must distribute its assets to an entity with similar objectives, and not to the company’s members.

Company Registration

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