Australian company officers must meet specific residency requirements. Tadpole Bio will appoint an experienced, Australia-based Resident Director and Resident Public Officer to expertly manage your compliance, legislative, and regulatory obligations. This service also includes provision of virtual office which will serves as your Australian registered office for your subsidiary

Here are some information on appointing resident officeholders:

Appointing a Resident Director: One of the key requirements set by ASIC for establishing a company in Australia is the appointment of a local Australian resident as a director. This director must be appointed at all times for all private companies registered in Australia.

To qualify as a director, an individual must:

• Be at least 18 years of age.
• Ordinarily reside in Australia.
• Consent to taking on the responsibilities and duties of a director.

The resident director ensures the company meets its legal obligations and undertakes essential tasks on behalf of the company, including:

• Signing contracts.
• Assisting with the opening of a bank account.
• Reviewing financial records.
• Ensuring the company’s solvency.

Link to Director’s duties page: Content is in Wiki: Click Here

Appointing a Public Officer: The public officer, who must ordinarily reside in Australia, serves as the company’s representative and main point of contact with the Australian Taxation Office (ATO). The public officer is responsible for ensuring the company fulfills all its tax obligations under the Income Tax Assessment Act 1936.

Key responsibilities of the public officer include:

• Registering the company for tax purposes.
• Lodging tax returns.
• Maintaining accurate records.
• Managing all communications with the ATO.
  
  Learn more about our Coporate Governance Services:
  
  – Company Secretarial
  – Resident Director & OfficeHolders
  – Registered Office