LHow do I change the directorship of the company

How do I change the directorship of the company?

We have assisted in changing the company directors at a competitive price, saving our clients from unnecessary costs.

To change the directorship of a company in Australia, you will need to complete and lodge a Form 484 with the Australian Securities & Investments Commission (ASIC). This form must be signed by the current company directors and provided with the required fee.

Once ASIC has processed the form, they will update the company register and issue a new Certificate of Registration. The new directors will then be able to assume their duties to receive fees for their services.

If you are looking for an affordable and personalized change of directorship service, get in touch with the experts at Accuratee today.

Our experts are here to make the change of directors process simpler for you

Need help with changing the directorship of the company? We have the perfect solution for you. Our team will do all the work, so there's nothing left up to chance or uncertainty about this process.

Tailored service Tailored service

Our change of company directors' service is tailored to your needs, ensuring a seamless and hassle-free transition.

Fixed fees Fixed fees

Our fixed fees eliminate any financial stress or uncertainty, allowing you to focus more on the important task.

Timely compliance Timely compliance

Our experts will take care of all necessary compliance requirements, ensuring that your change of director process is done timely.

Fast & efficient Fast & efficient

We understand your time is valuable, so we work quickly and efficiently to ensure your transition happens as smoothly as possible.

money back

Accuratee offers 30 days money back guarantee to ensure client satisfaction.

Rest assured we always put our clients’ requirements first.

Who is eligible to be a company director in Australia?

To be eligible to be a company director in Australia, you must be a minimum of 18 years of age and agree to take on the role and responsibilities of a director.

To be appointed as a director in an Australian company, you must also provide your signed consent in writing.

The company will keep this written agreement and update ASIC whenever key business changes occur, including new appointments with roles on board.

For more information about eligibility for company directors in Australia, please speak to one of our team today.

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Accuratee process of change of company director in 4 steps

Documentation

Documentation

Our experts will work with you to identify and gather the necessary documentation, including any resignations or agreements.

Approval

Approval

We will ensure that all parties involved, such as the board and shareholders, approve the change in directorship.

Compliance

Compliance

Our team will take care of all the required compliance steps, such as updating ASIC and filing relevant ASIC registered forms.

Finalisation

Finalisation

We will submit the final documentation to ASIC and ensure the necessary steps have been completed correctly.

Why choose Accuratee for a change of directorship service?

Accuratee is the perfect choice for anyone needing help with a change of directorship. There are several reasons to choose our change of directorship service. Here are a few of them

  • We provide a comprehensive, professional and confidential change of directorship service.
  • We have a proven track record of helping businesses and individuals successfully navigate the change of directorship process.
  • Our service is tailored to meet your needs, ensuring a smooth transition.
  • We are experts in our field and will support you every step of the way.
  • Our fees are competitive and affordable so that you can get the best value for your money.
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Client reviews

Josel Jose

If you're looking for an excellent accounting and tax service, Accuratee is definitely worth considering. The team is very professional and supportive, and the process is streamlined and efficient. Overall, I've had a great experience working with them!

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Frequently asked questions - Change of company director

There is no set standard when it comes to the frequency with which companies in Australia can change their directors.

Some companies might hire a new director every couple of years, while others may choose to keep their existing directors for much longer.

The decision ultimately will depend on various factors, including the size and scope of the company, its business goals, and the current state of the market.

A proprietary company must have at least one director who resides in Australia.

The company must have at least two directors if it has crowd-sourced funded shareholders. In such cases, the majority of these directors must reside in Australia.

Note: It is not mandatory for a proprietary company to have a secretary. If it does, they must reside in Australia.

The public company must have at least three directors (not counting alternate directors), two of which are required to reside in Australia.

Yes, directors can be removed from their role if they have breached their legal duties or if the shareholders vote to remove them during a general meeting.

The process for removing a director depends on the company's constitution or any agreements made with shareholders. It is recommended to seek legal advice before proceeding with a director removal.

All companies must notify the Australian Securities and Investment Commission (ASIC) if they cancel or issue shares. Notifications must be made within 28 days of the change occurring.

Proprietary companies must notify ASIC of changes to its share structure and details on the top 20 members.

Public companies must notify ASIC of changes to its share structure as they receive the annual statement. The deadline for publicly traded companies to notify ASIC of any changes in their share structure is 28 days after they receive the annual statement.

Companies limited by shares and guarantees who have not issued shares are not supposed to provide any details to ASIC about their share structure or members.

Transferring financial institutions are not required to provide details of members' shares to ASIC that meet the requirements set out in Reg 12.8.03.

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Get in touch with our experts to discuss the requirements necessary for changing the company directors. Schedule a call today, and we will take care of this process before you know it.

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