Maintaining Company Registers

The Companies Act requires all companies to maintain up-to-date registers of people in the following roles: Members (ie shareholders), Directors, Secretaries, Auditors, CEOs, and Controllers (ie beneficial owners).

These registers (except for the register of members for public companies) are maintained by ACRA in electronic form. Whenever there are changes in the appointments or particulars of directors, secretaries, auditors and CEOs, you must update this information via BizFile+ within 14 days from the date of the change. If there are changes to the company’s shareholders or share capital, you should file the appropriate share-related transactions via BizFile+.

All registers except for the Register of Registrable Controllers are accessible to the public. This is to facilitate trade and interactions among businesses and members of the public, enhance transparency and enable the public to conduct due diligence on the business entities and the people who operate them.

Feels like too many registers to maintain and not sure where to start? We are here to support you, contact us now!