The company registration form generally takes around 15 minutes to complete. Once submitted, the company will usually be registered within 2-3 mins.
The only exception to this timeframe is where ASIC needs to manually review your company name. If this is the case then you will be advised as you check the availability of the proposed company name. It can take ASIC up to 2 business hours to manually review a company registration application.
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Updated — Sep 19, 2018