Question
How can I add additional shareholders not recorded within the top 20 on ASIC?
Answer
ASIC only record the top 20 Shareholder for a Pty Ltd Company. To add the addtional Shareholder details, follow the steps below:
1. Open the Company Profile
2. Navigate from the Main page to the Shares section
In the Allotments page, click “ADD NON-ASIC SHAREHOLDER”
3. Choose the type of Shareholder (Individual Shareholder, Corporate or Joint Shareholder).
- Complete all data except the Issue Date and Share numbers (these are optional)
- click "ADD" to save
Step 5: Click on "Saved Changes"
Further information
SHARE DETAILS FOR PUBLIC COMPANIES:
Information about individual shareholders for public companies are not stored by ASIC. They only record the total number of shares issued, total paid amount and total unpaid amount.
Since ASIC does not store this information, there’s no way for us to know who the individual shareholders are when we import the company profile.
Due to this, we created a feature which allows you to store the information of the individual shareholders. It includes the address, number of shares owned, amount paid for the shares, beneficial owner for non-beneficially owned shares and issue date.
For more information about adding share details for Public Companies click here.
WHAT IF THE SHAREHOLDER IS A FOREIGN COMPANY?
Use 0's in the ACN field, as the entry will not save if it is left blank. Make sure you select that the address is foreign address if applicable