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How do I change ASIC shareholding?
If you wish to change the shareholding of your company you are required to prepare and lodge a ASIC 484 Form listing our the shareholding changes.
Internal company documentation is required to be signed for acceptance of the shareholding change by the Directors and the new shareholder.
If is important to consider the effect the shareholding change will have on existing shareholders and ensure it is done in accordance with the company constitution and corporations act.
POP prepares this document online and sends for digital signature at a cost of $300+gst.
POP being a registered ASIC Agent then lodges the document with ASIC and ensures the shareholding has been updated.
Change to shareholding starts from the low price of $300+gst
The team are experts in changing your firm’s shareholding on ASIC
Receive communication on complex matters in simple and effective language
Lodging the form online to ASIC in a fast and efficient manner.
The future of small business is in the cloud
Head in the clouds? That’s okay. We’re right there with you.
POP Business is an award-winning, tech-driven company of cloud-based tax accountant specialists, whose smart software is being embraced by small businesses all over Australia.
Yes, we’re proudly ‘paperless’. But while we’re happy to reduce our carbon footprint, our number-one goal is to help our clients streamline their processes, minimise their tax, and take their businesses to the next level.
With POP Business, you can count on:
- Trusted and qualified accountants
- Live accounts and detailed financial reporting
- Saving thousands in tax
How we work with you
Our experienced accountants and intuitive cloud-based software help to provide professional and more affordable services. With efficient accounting systems and effective support, you can focus on what matters most to you: running your business, saving your money, time and keeping your peace of mind.
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It’s a good feeling to know there’s a crack team of specialist tax business accountants who have your back.
Our award-winning team of accountants can answer any question you have and advise you of your best strategy.
POP Business don’t muck around – if you contact us with a query, we get back to you pronto.
Whatever your tax needs, our team of experienced POP Business Accountants have got you covered.
Perhaps your small business is behind on your annual tax obligations?
Maybe you’d like to know if there’s other smart ways you can minimise your tax?
Or, it could be you’re looking for expert advice on how to growth-hack your business.
Good news. POP Business are the pros at all three.
Tax shouldn’t have to be so… well, taxing. Drop us a line and you’ll never look back.
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Frequently asked questions
A company can change its shareholdings by:
- Share transfer: One shareholder sells his/her shares to another party. The other party will pay the shareholder the purchase price as they own the shares.
- Share issue: The company decides to create new shares and give them to a new or existing shareholder.
Transfer of shares is one of the most common change in company shareholdings. If you would like to transfer shares, follow the steps below:
Step 1 – After you’ve logged in, select ‘Start new form’ from the left hand menu
Step 2 – Select ‘Changes to company details’ (484) from the list of forms
Step 3 – Select ‘Change to members register’ from the list of changes
Step 4 – Select the type of change you are making to the member register
Step 5 – Review the changes and complete the declaration to submit your transaction
The company needs to:
- issue a share certificate to the shareholder receiving the shares;
- updates its members register to reflect the share transfer/issuance.
- notify ASIC about the change within 28 days.
Depending on your shareholders agreement and company constitution, you must include “authority to issue the shares” in your share issuance. At the very least, the investor should sign a share application form. This is a one-page document under which they agree to be issued with shares and hold the shares subject to the company constitution.
If you would like POP to update your shareholding, the cost is $300+gst.
You can get started by simply filling out the enquiry form on this page.
You can also email team@pop-business.com.au
The turnaround time will usually be within 10 business days.
We communicate through email and phone mostly.
You can provide user access to your online accounting software so we can get the required business transactions for the tax lodgement.
We are located in Chippendale, Sydney.
All our professional accountants are located within Australia and your work is not outsourced overseas. We ensure a high quality is maintained throughout the process.
Need help? Call and speak to one of our expert accountants for free at 1300 180 630
You may need to catch up on your annual tax compliance, or get advice to enhance your business, or you may want to simply reduce your tax. Tax and accounting doesn’t need to be your thing, get a professional to take care of it for you.