Is EasyCompanies legitimate, and are the companies legal?

Yes, EasyCompanies is a registered ASIC agent #33614. All of our packages include documents that match ASIC requirements and the Corporations Act 2001. Our companies are registered directly with ASIC via the EDGE system. This allows us to quickly communicate with ASIC and register companies in under 2 minutes.

The documents we provide upon registration are a result of working closely with a leading start-up law firm, SeedLegal, to develop a set of company documents suiting the needs of most companies throughout Australia.

Who/What is ASIC?

ASIC, also known as Australian Securities and Investments Commission plays a governing role in overseeing company registration, management and maintenance. All companies within Australia are registered through ASIC, and as such are given an Australian Company Number (ACN).

What documents/information do I need to open a company?

As all company registrations you complete with EasyCompanies are done online, you will not need to sign or submit any physical documentation. All you need to do is complete our online form.

To register a company, you will need the following details:

  • A company name (use our free search engine)
  • Registered Office Address
  • Place of Business Address
  • Director Details
  • Secretary Details
  • Shareholder Details

View all Required Details

Opening a Company Bank Account

Most banks will require the following information from the company to open an account:

  • Company name and Registered Office Address
  • Australian Company Number (ACN) – emailed to you on registration.
  • Certificate of Incorporation – emailed to you on registration.
  • A signature of one director – if a sole director company. Otherwise signatures of at least two directors.

Some banks mention that you need original copies of the “Certificate of Incorporation”. If this is the case please let them know they can ring ASIC to verify the certificates identity.

Annual Review Fee

Every company has an annual review date, usually the anniversary of its registration date. Soon after its annual review date each year, ASIC issue each registered company and scheme with an annual statement and an invoice statement for the annual review fee. You need to pay the annual review fee to keep your company or scheme registered. As of 2014, this annual review fee for proprietary companies is $243.

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