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.
We’ll prepare this document online and send it for a digital signature at a cost of $165 including GST.
POP being a registered ASIC Agent then lodges the document with ASIC and ensures the shareholding has been updated.
Why POP Business?
POP Business is so successful at delivering awesome results for small businesses due to:
- Expert ASIC Change Shareholder services
- Fast and efficient communication
- On-demand support from an expert accountant
- No hidden costs
- Actionable advice that achieves results
What Our Customers Say
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.
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 us to update your shareholding, the cost is $165 including GST.
You can get started by simply filling out the enquiry form on this page.
You can also email [email protected]
The turnaround time will usually be within 4 weeks, however faster times are available.
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.
Yes. You can find POP Business’s office smack-bang in the heart of Surry Hills, in Sydney. Level 1, 285A Crown St, Surry Hills NSW 2010 (open in Google Maps).
Contact An Expert
We’ll get back to you within one business day.
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