Proprietary Company

What is a Proprietary Company used for?

A proprietary company is the most popular type of company. It is generally the most appropriate company structure for small businesses.

What’s required?

  • One director and one shareholder (this can be the same person) – must be over 18 years of age and at least one director must ordinarily reside in Australia
  • A secretary is not required for a proprietary company, but if one is appointed, they must reside in Australia.
  • A proprietary company is limited to a maximum of 50 members. Any legal entity may hold shares in a company. This includes any person, company or incorporated association which is resident anywhere in the world.

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Our Premium package includes a black soft leather feel folder with black sealed varnish reinforced tabs. It also includes 3 specially printed constitution or deeds. Clients love the modern designs that professionally house their important legal documents.

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