Deregistration

PURPOSE

If a company is no longer carrying on a business and meets various specific criteria, an application may be lodged with the Australian Securities and Investments Commission for deregistration. The directors or the shareholders are able to apply for the deregistration.
To be eligible for deregistration, the company must meet specific criteria such as not having any liabilities and having an agreement amongst all shareholders.

BENEFITS
  • Cost savings associated with not conducting investigations into the affairs of the company.
  • Cost savings by eliminating regular lodgement and accounting fees.
Jones Partners can arrange for the inexpensive deregistration of a company.