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WHEN & HOW to Set Up a Company in Australia

Looking for stress-free, fixed-fee accounting services? Book a FREE consultation with us: https://boxas.com.au/book-meeting/ Need cloud accounting software? Sign up for Xero: https://xero5440.partnerlinks.io/boxas (this is an affiliate and I will make a small commission at no extra cost to you) Do you have a brilliant business idea and want to start trading as a company? Or are you a sole trader who's now ready to move to a company structure? Then this video is for you! I'll be running through EVERYTHING you need to know about starting a company in Australia. CHAPTERS: 00:00 - Intro 00:45 - What is a Company? 01:26 - When Should I Set Up a Company? 02:06 - Registering a Company with ASIC 03:02 - The Pros & Cons of Setting Up a Company 03:55 - Checklist of Things You Need to Set Up a Company 04:34 - Working out Shareholder Rights 05:04 - Important Documents to Keep 06:10 - Necessary Registrations and Insurance 08:26 - Company Director's Requirements 08:47 - Final Tips Link to my video about insurance for small businesses:    • Types of Small Business Insurance (AU)   — Thank you for watching this video. I post weekly videos on this channel to provide the latest and most frequently asked business questions. Please take a second to say hi in the comments below. Also, if you enjoy my content and find it valuable, subscribe to the channel, like and share it with anyone who you think might find my channel useful. — ► Subscribe to my channel here:    / daviemach   — Davie has over 14 years of experience in advising businesses in management accounting and taxation issues. He heads up a passionate team at Box Advisory Group who are dedicated to offering proactive and outstanding service to our clients. Davie’s extensive experience in providing tax and consulting advice and astute business knowledge has paved the way for success for many businesses. He is a member of the Chartered Accountants Australian and New Zealand, a member of the Australian Tax Practitioners Board and holds a Bachelor of Commerce degree from the University of New South Wales. — Follow Me: LinkedIn:   / davie-mach   Instagram:   / boxas_syd   Facebook:   / boxadvisory   Website: https://boxas.com.au/ — DISCLAIMER: Please note that every effort has been made to ensure that the information provided in this video is accurate. You should note, however, that the information is intended as a guide only, providing an overview of general information available to contractors and small businesses. This guide is not intended to be an exhaustive source of information and should not be seen to constitute legal or tax advice. You should, where necessary, seek your own advice for any legal or tax issues raised in your business affairs.

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