What are the officeholder requirements for companies?

 

Proprietary Limited companies are required to have at least:

  • At least 1 director - whereby 1 of whom is a permanent Australian resident, and all of whom are over 18 years old. 
  • At least 1 shareholder - that can be an individual or an organisation
  • 1 applicant - who is the person applying for the company

 

Non-compulsory officeholders are:

  • Secretary - there can be none or only 1 Secretary of a company
  • Public Officer - there can be none or only 1 Public Officer within a company

 

This information is of a general nature only and does not constitute professional advice. You must seek professional advice in relation to your particular circumstances before acting.

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