Buy a Ready-Made Australian Company, Complete with a Resident Director
(02) 9119 8859
A shelf company is an Australian proprietary company that has already been registered with ASIC but has never traded. We transfer it into your name, appoint our nominee director as your Australian resident director, and handle the ASIC, ATO and banking paperwork, so you can set up operations in Australia without waiting for a new registration.
It is a practical option for overseas founders and foreign companies that need an Australian entity quickly but do not yet have anyone ordinarily residing in Australia to sit on the board.
A shelf company is incorporated in advance and kept dormant, “on the shelf”, with no assets, liabilities, employees or trading history. It already has an Australian Company Number (ACN), a constitution and a share register. When you buy it, ownership passes to you through a share transfer, the original officeholders resign and your directors are appointed.
Every Australian proprietary company must have at least one director who ordinarily resides in Australia (section 201A of the Corporations Act 2001). That is where our nominee director comes in: one of our experienced company secretaries is appointed as your resident director, so the company meets this requirement from the day of transfer.
Every director must also hold a director ID before being appointed. Our nominee directors already have one, so the company can be handed over while your overseas directors are still applying for theirs.
Taking over a shelf company is usually quicker than registering a new one, because the company already exists. The process looks like this:
The company is already registered, so you skip the incorporation step and can start signing contracts, invoicing and registering for tax as soon as the transfer is complete.
You don’t need to find and vet a local director before you can start. Our nominee director fills the role immediately, and you can appoint your own Australian resident director later if you prefer.
Director ID applications from overseas can take time. Because our nominee director already holds a director ID, your company is properly constituted while your own directors’ applications are processed.
Our shelf companies have never traded, so there are no hidden debts, contracts or tax obligations. You receive the constitution, company registers and ASIC records at handover.
An earlier registration date does not give a company a trading or credit history, and banks will still carry out their own identity checks when opening an account. A nominee director is also a real director with legal duties under the Corporations Act, so we agree a nominee director service agreement and compliance processes with you before the appointment.
