Keywords: subsidiary company, foreign company, ultimate holding company, UHC, name change
What is the cost of adding a Subsidiary Company in NowInfinity?
Can I add a Foreign Company as a Subsidiary Company in NowInfinity?
How can I register a Subsidiary Company in NowInfinity?
What is the cost of adding a Subsidiary Company in NowInfinity?
The cost of adding a Subsidiary Company is the same as that of adding a Proprietary Company in NowInfinity.
Can I add a Foreign Company as a Subsidiary Company in NowInfinity?
Yes, you can add a Foreign Company as a Subsidiary Company.
To do so, select the option "Yes UHC is based outside of Australia" to the question "Does this Company have an Ultimate Holding Company?" under the "Company Details" tab in the interview form.
How can I register a Subsidiary Company in NowInfinity?
To add a Subsidiary Company, you would need to answer the question, "Does this company have an Ultimate Holding Company?" with "Yes" in the interview form for Company Registration.
Ultimate Holding Company fields will be displayed if you select either “Yes UHC is based in Australia” or "Yes UHC is based outside of Australia". See below.
If “Yes UHC is based in Australia” is selected,
The "Place of Incorporation of Ultimate Holding Company" will default to "Australia".
You will need to enter in the relevant ABN/ARBN/ABN and the name of the UHC.
If "Yes UHC is based outside of Australia" is selected,
You will need enter in both the Name and Place of Incorporation of the UHC.
Can an Ultimate Holding Company change of name and the Shareholder change of name be completed in a single form?
No, you would need to complete two separate name change forms to change the name of the UHC and to change the name of the Shareholder.
Will updating an Ultimate Holding Company name update the shareholder name as well (i.e. if the UHC is also a shareholder)?
No, you would need to complete two separate name change forms to change the name of the UHC and to change the name of the Shareholder.