Australia resident director in 2024

Healy Consultants has helped many Clients register companies in Australia for a wide variety of purposes. While the nature of our Clients’ businesses vary, our service standards do not. The majority of our Clients request Healy Consultants to provide an Australian resident director to fulfill Australia minimum officeholder requirements.

  • Why do I need a resident director?

    1. The Australia Corporations Act 2001 requires all registered or incorporated private limited companies in Australia to appoint at least one individual director who is ordinarily resident in Australia;
    2. For public companies however, the minimum number of directors is increased to three, two of whom are required to be Australia residents;
    3. It can be challenging to find a professional local nominee director for a trading company given the obligations involved therefore we advise our Clients to exercise precaution before appointing a nominee.
    4. Since 2022, Australian directors are required to secure an ID number with ASIC.
  • How can Healy Consultants assist you to comply with this obligation?

    1. In the event our Client is unable to identity an Australia resident director, Healy Consultants will be happy to provide nominee resident director services to meet this requirement;
    2. Healy Consultants will provide a professional nominee to act as resident director for an Australia company of any Client who requires this service. The nominee will be a director of the company in name only and will not have other business responsibilities;
    3. Healy Consultants officers will neither be a bank signatory to the corporate bank account, nor be appointed as the Public Officer (PO) nor play an active role in our Client’s business;
    4. Healy Consultants officers will merely be the name director or shareholder of the company in order to fulfill local statutory requirements. Our Client is solely responsible for daily business activities and solely responsible for corporate bank account activity.
    5. For Australian regulated businesses, including financial companies, Healy Consultants Group will offer a professional nominee resident director with adequate professional background and education to fulfill this role for our Client. Due to elevated compliance and reputation risk in being a professional nominee resident director in a regulated company, Healy Consultants Group will charge an increased professional annual fee will range from USS$8,000 to USS$12,000 based on complexity. Within 1 week from formal engagement, our Client will receive a list of proposed nominees to consider.
  • Additional advantages of using our nominee services

    1. Multi-national Clients’ appointing Healy Consultants as nominee passive professional nominee resident directors also appoint our Firm as Public Officer and local accountant. Healy Consultants Group will be pleased to assume the role of all three. Email us to get a quotation for these services;
    2. Appointing Healy Consultants as resident director minimizes inconvenience for our Clients when liaising with the Australian Taxation office and other government institutions. However note that our passive nominee resident director services do not include appointment as PO. Healy Consultants will only act as PO if we are appointed local accountant and person responsible for all Government tax reporting;
    3. Appointing Healy Consultants as resident director can also help our Client maintain their personal privacy. This is advantageous to those Clients who value anonymity and would therefore not want their names to appear on the companies register.
    4. Our Australian resident nominee(s) already have a DIN to ensure timely appointment to our Client’s company.
  • Fees

    1. Healy Consultants’ annual resident director fee amounts to US$5,890;
    2. For regulated businesses, Healy Consultants Group will charge an increased professional annual fee ranging from USS$8,000 to USS$12,000 based on complexity
    3. Healy Consultants does not normally allow Clients to pay Australia resident director fees by instalments. We normally require full payment up front for the year. However, we may consider half-yearly payments for companies in good standing.

Contact us

For additional information on our resident director services in Australia, please contact our in-house country expert, Mr. Simon Guidecoq, directly:
client relationship officer - Simon
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