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.
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A company can change its shareholdings by:
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:
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 email@example.com
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.