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ASIC - change shareholding

Need help with shareholding changes? We understand that your time is valuable and we’re here to assist you  to change shareholders with ASIC.

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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.

Affordable

Change to shareholding starts from the low price of $300+gst

Expert Consultants

The team are experts in changing your firm’s shareholding on ASIC

Friendly & Professional

Receive communication on complex matters in simple and effective language

Lodge Online

Lodging the form online to ASIC in a fast and efficient manner.

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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.