How do I stop operating as a company?
- Normally, your company comes into operation on the date of registration and continues until it is deregistered.
- You can apply to have your company voluntarily deregistered providing that:
- the company is not carrying on a business,
- its assets are less than $1,000.00,
- all members (shareholders) have consented,
- it is not currently party to any legal proceedings and
- it has paid all fees and penalties required under the Corporations Act 2001 (Cth).
Read some more FAQS from our Company section