OFFICES

OCRA (AUSTRALIA) HOLDINGS PTY LTD

OCRA (Australia) Holdings Pty Ltd specialises in assisting clients to establish, structure and administer Australian companies

We serve professional intermediaries (including accounting firms, legal advisors and financial institutions) and foreign clients seeking to do business in Australia. All of our clients benefit from our prompt and efficient service and our commitment to meeting their specific objectives. In this regard, we act with professionalism, fairness and integrity in terms of meeting both legislative and regulatory requirements.

OCRA (Australia) Holdings Pty Ltd does not provide tax or other advice nor does it advise or provide services in relation to "offshore" matters or to Australian residents or citizens seeking to undertake international business or conduct any form of international transaction.

We invite you to contact us to discuss your specific requirements.

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SPECIALIST SERVICES

• Incorporation of Proprietary Companies, Public & NL Companies, Medical, Dental and Accountancy Practice Companies and Companies Limited by Guarantee
• Full company administration and management services
• Registered office services
• Provision of resident company secretary
• Provision of resident directors and nominee shareholders
• Shelf companies
• Business name deregistrations
• Change of company name
• Business advice and introductions

AUSTRALIAN COMPANIES

Australia offers two different types of companies, the Proprietary Company and the Public Company.

Proprietary Companies

A Proprietary company is specifically restricted to 50 non-employee members and must fulfil the following requirements:

• A minimum of one member.
• A maximum of 50 non-employee members.
• A minimum of at least one Australian-resident director.
• An Australian-resident company secretary.

This type of company is divided into two further classifications:

Large Proprietary Companies

A 'large' Proprietary Company must fulfil any two of the following criteria:

• The company's consolidated and operating revenue must exceed AUSD 25 million.
• The company's consolidated and gross assets exceed AUSD 12. 5 million.
• The company and its controlled entities must have 50 or more employees.

Small Proprietary Companies

By exclusion, a Small Proprietary Company is any company that does not meet the above criteria.

Public Companies

Public companies are simply any company that is not a Proprietary Company. Public Companies must also fulfil the following requirements:

• A minimum of one member.
• An unlimited number of members.
• An Australian-resident company secretary.
• A minimum of three directors, two of whom must be Australian-resident.

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