Are you thinking of registering a company? Would you like to list your company under a virtual office address?

When you register a company, ASIC will ask for a registered office address and a principal place of business. These addresses do not need to be the same and have slightly different requirements, which will affect whether they can be a virtual address.

What is a Registered Office Address?

A registered office address is where your company will be registered with ASIC.

Requirements for a registered office address:

  1. Must be in Australia and cannot be a PO Box
  2. Must be able to receive communications and notices from ASIC
  3. Written consent from the occupier is needed if you do not occupy the address yourself

This means that a virtual address will be suitable for your registered office address with ASIC.

What is a Principal Place of Business?

A principal place of business is the address where your company conducts the majority of its business (i.e. a warehouse, office or home).

Requirements for a principal place of business address:

  1. Must be where your company mainly conducts its business
  2. Cannot be a PO Box

Due to the need for a principal business address to be where a company mainly conducts business, a virtual address is unlikely to be appropriate.

Conclusion

A virtual address is a great option for a registered office address with ASIC. However, for a principal place of business address you will need to supply the address where you primarily conduct your business.

If you have a registered office address and principal place of business, you can register a company.

Ready to register a company? Contact a LawPath consultant on 1800 529 728 to learn more about customising legal documents, obtaining a fixed-fee quote from one our network of 750+ expert lawyers or any other legal needs.

Louis Bridle

Louis is a legal intern at LawPath who is working with the content team to provide accessible guides to legal issues. With an interest in contract and media law, he is completing his Bachelor of Communications and Laws at the University of Technology Sydney.