Can I choose my own name for a company?

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Can I choose my own name for a company?

Yes you can, as long as you meet the Corporate Regulator requirements:

1-     You can only choose a company name that is not already registered to another company or business. Use the ASIC, Check Name Availability site to confirm whether the name is available.

2-    If your proposed company name is identical to a registered business name that you own, you can only register the name under certain circumstances.

3-    A company name must show its legal status

4-    A proprietary company must include the word 'Proprietary' or the abbreviation 'Pty' in its name and must also show the liability of its members, unless the members' liability is unlimited. For example:

a.     If the liability of the company's members is limited to the amount unpaid on their shares, the company name must end with the word 'Proprietary Limited'.

b.     If the liability of the members is unlimited, the company name will only end with the words 'Proprietary'.
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Mirko, Alum

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Posted 5 years ago

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