This blog post captures a link to an Australian company called Cleardocs that provides online Australian company secretary documents at a very competitive price.
Of note is the company registration process that they offer for only AU$537.50 (as of 14 Feb 2008). This is only AU$137.50 above the ASIC registration fee of AU$400.
A bit of background on creating an ACN with ASIC
- Typically start up businesses ask their accountant to create the new company for them.
- Costs for this type of service typically ranged between AU$1,200-AU$2000.
- This price was constructed from AU$800 ASIC fee and then the accountants margin on top.
- In the May 2007 Australian Commonwealth Budget the ASIC fee was reduced to AU$400.
This type of service may be useful if you are creating new company entities for:-
- Holding Intellectual Property as part of a protection or licensing strategy.
- To facilitate joint ventures.
- Re-branding a businesses.
- Starting a new business and looking to reduce up front costs.
- Positioning large contracts and or projects. (In a similar manner to a joint venture).
- Separating large funds for fund management activities. Often linked to this is the use of a unit trust with the new company acting as the trustee of the unit trust.