Question
How can I create a Public Company?
Answer
When you use NowInfinity's Public Company registration services, a Company Constitution will not be generated. You will need to source this externally or our legal services provider can assist on a fee-for-service basis. The application to register the Public Company will be accepted by ASIC without a Constitution if the application states that the Company will rely entirely on Replaceable Rules.
To register a Public Company,
1. Navigate to Menu > Create Documents > Company Formations > there you will be able to choose from the two Public Company options available in the NowInfinity portal :
- Public Company Limited by Guarantee
- Public Company Limited by Shares
For more information on the difference between the two Companies click here.
2. Once the form has been completed and payment has been made:
- If a Constitution is required - Send the Constitution to info@nowinfinity.com.au with the subject “Public Company Constitution for {Name of Company} ready to submit”
- If a Constitution is not required - Send email to info@nowinfinity.com.au with the subject “Public Company (with replaceable rules) application for {Name of Company} ready to submit”
Note: A Constitution is required for any Public Company Limited by Guarantee registration
3. A NowInfinity Support team member will manually lodge the registration for you and, if applicable, forward the constitution to ASIC on your behalf.
Once the Company has been registered you will receive the confirmation of this via email.
If the registration is rejected by ASIC, you will be notified via email with further details and a request for certain changes to be made. Once you have made the required changes, please advise the NowInfinity support team member assisting you with the application, and they will resubmit your application for you.
Note:
Once registered, you will need to lodge a Form 362 to appoint yourself as an ASIC agent for the Company to have access to their profile via the Companies list.