Register Company in Australia 2026

• Under the Treasury Laws Amendment (Registries Modernisation and Other Measures) Act 2020, Director Identification Number (DIN) is a unique 15-digit identifier assigned to directors in Australia. This is introduced to prevent identity fraud and illegal activities and remains consistent throughout their directorial tenure across various companies in Australia, serving as a personal identification number for each director.  
• The eligibility criteria for acquiring DIN involves: 
  • The candidate must be at least 18 years old.
  • The applicant should not be disqualified from being a director under any Australian law.
  • The applicant must provide valid identity proof.

• Tetra Consultants specializes in expediting the acquisition of Director Identification Numbers (DINs) in Australia, typically completing the process within 6-8 weeks. Our systematic approach begins with initiating the online application through the official Australian Securities and Investments Commission (ASIC) website or the designated DIN application platform.
• Applicants are required to fill in personal details such as full name, date of birth, and address on the application form to ensure accuracy and prevent complications. Vital identity documents like passports or driver’s licenses must be uploaded, ensuring they are valid and clearly legible. Before submission, a thorough review of all provided details is conducted to guarantee precision.
• Furthermore, companies should also decide whether to adopt: 
  • Replaceable rules under the Corporations Act, or  
  • A custom constitution (recommended for companies with multiple shareholders) 

• Before registration, you must determine the most suitable business structure for your company. Common structures in Australia include: 
  • Sole Trader  
  • Partnership  
  • Company (Pty Ltd)  
  • Trust 
• The most popular structure for both local and foreign entrepreneurs is the Proprietary Limited Company (Pty Ltd) due to its limited liability, scalability, and higher credibility. 
• At this stage, we will also check and reserve your preferred company name with ASIC as well as ensure the name complies with Australian regulations. 
• Thereafter, Tetra Consultants will use Form 410 to reserve your preferred company name for two months while we finalize the setup of the company.  
• Our team will ensure that your company name is available through ASIC. However, registering a company name does not grant intellectual property protection. As such, our legal team will also check trademark availability through IP Australia to avoid legal conflicts. 

• Tetra Consultants will review the application and submit all the required documents including the Article of Incorporation. 
• After the business structure is finalized, Tetra Consultants’ team of lawyers and incorporation specialists will proceed with registering your business through the Business Registration Service (BRS). This allows you to obtain both Australian Company Number (ACN) and Australian Business Number (ABN). 
• Once registration is completed, Tetra Consultants will collect all the incorporation documents including the Certificate of Registration, Memorandum and Articles of Association, and more. 
• Do note that when incorporating a company in Australia, shareholders must determine the share structure: 
  • Fully paid shares- Shareholders pay the full value upfront with no future liability 
  • Partially paid shares- Shareholders may be required to pay the remaining amount when called upon  
• Choosing the right share structure is important for investment planning and risk management. Our lawyers and incorporation specialists will advise on the most suitable structure based on your business goals. 

• Once the company is successfully registered, Tetra Consultants facilitates seamless corporate bank account opening in Australia. We ensure streamlining the process for clients. Leveraging our expertise ensures a swift and efficient experience.  

• Our lawyers and incorporation specialists will register your business for tax with the Australian Taxation Office and receive a Business Tax File Number which is needed to conduct business in Australia. 

• Additionally, Tetra Consultants will help companies comply with the following post-registration requirements: 
  • Display company name during business operations to ensure transparency  
  • Disclose ACN/ABN on all official documents for regulatory compliance  
  • Maintain company records, including registers, meeting minutes, and financial records  
  • Appoint key executives, including at least one director (with residency requirements depending on company type)  
  • Obtain written consent for registered office address if using third-party premises 

• After registration of your business is completed, Tetra Consultants’ lawyers and incorporation specialists will continue to ensure your business’s compliance with the government policies. Our team will help companies adhere with ongoing regulatory obligations to maintain good standing and avoid penalties.  

• ASIC 28-Day rule– Any changes to company details must be reported to ASIC within 28 days to avoid penalties. 

• Annual review & fees– Companies must pay an annual ASIC review fee and confirm company details each year. 

• Companies must adhere to accounting and financial reporting requirements to maintain transparency and compliance.  

• Financial reporting– Companies are required to prepare financial statements, for which our accounting team will assist you. The statements to prepare includes: 
  • Balance sheet  
  • Profit & loss statement  
  • Cash flow statement  

• Accounting standards compliance- All companies must comply with Australian Accounting Standards aligned with International Financial Reporting Standards (IFRS). 

• Annual financial statements– Large companies and public entities must lodge financial statements with ASIC, while small companies may have reduced obligations. 

• Audit requirements– Audits are mandatory for certain companies, depending on size and regulatory thresholds. 

• Furthermore, companies will also have to follow tax compliance regulations such as  
  • File annual corporate tax returns  
  • Lodge Business Activity Statements (BAS)  
  • Manage payroll and superannuation contributions  

• Tetra Consultants’ accounting and tax team will ensure your company remains fully compliant while minimizing risks and penalties. 

Timeline to register company in Australia in 2026

• Register company in Australia- 1 week  

• Timeline to acquire DIN- 4 weeks 

• Corporate bank account opening- 4 weeks  

• Overall estimated timeline- 9 weeks 

Cost to set up an Australian company in 2026 

• For a standard Australian Pty Ltd company, the government registration fee (ASIC) amounts to AU$ 611.  

• Once contacted, Tetra Consultants will send over a detailed proposal with exact breakdown of the fees for company incorporation, registered agent, registered address, nominee director services, annual renewal, corporate bank account opening and other corporate service provider services.  

• At Tetra Consultants, we follow a transparent fee policy, where all costs (including government fees, professional service charges, and any third-party expenses are clearly outlined in the engagement letter prior to commencement. This is to ensure that there are no hidden charges and complete cost visibility for our clients. 

Tax and employment compliance in Australia in 2026

• Operating a company in Australia in 2026 involves updated tax and employment obligations: 

Payday superannuation (effective July 2026) 

• Employers should pay Superannuation Guarantee contributions (12%) at the same as employee salaries; this increases compliance requirements.  

Corporate tax rates 

• 25% for Base rate entities (turnover below AU$ 50 million) 

• 30% for other companies 

GST & BAS reporting 

• Businesses with turnover that exceeds AU$ 75,000 should register for GST and submit Business Activity Statements (BAS).  

Public officer requirements 

• Companies should hire a Public Officer within 3 months of starting operations to act as the main contact with the ATO.  

Division 7A rules 

• Loans or financial benefits offered to shareholder are strictly monitored to prevent tax avoidance.    

Find out more!

• Tetra Consultants works as your advisor and trusted partner in your business expansion and company registration in Australia. With our own team of lawyers, incorporation specialists, compliance team, and accountants, we tell our clients what they need to know, instead of what they want to hear. Most importantly, we are known for being a one-stop solution for our valued clients. 

Contact us to find out more about how to set up a company in Australia. Our team of experts will revert within the next 24 hours. 

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