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I am the sole director of a company. The company is the
I am the sole director of a company. The company is the trustee of a trust. The company was deregistered by ASIC in May due to unpaid fees. I was not aware of the deregistration until now and the comp… read more
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If a corporate trustee is deregistered by Asic although the
If a corporate trustee is deregistered by Asic although the CT has continued trading/operating and then when it became aware of deregistration apied for reinstatement. What happens to the Trust Proper… read more
Leon
Leon
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Master's Degree
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I help run an incorporated association register in NSW. Previous
I help run an incorporated association register in NSW. Previous office holders had registered for an ABN. ABRN also was involved. However, we do not involve the Association in profit making. How do w… read more
Leon
Leon
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I am the sole director of a company (small business -newsagent)
I am the sole director of a company (small business -newsagent) that has ceased trading about 18 months ago. The company has no assets and has received no income etc over that period of time. I also h… read more
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Hi Robin, My friend has run a company (a side online business)
Hi Robin, My friend has run a company (a side online business) for quite a while now, and she is also working full-time. Now she wants to change the legal structure from "company" to "Sole trader". co… read more
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Family trust with a corporate trustee Application has been
Family trust with a corporate trustee Application has been made to ASIC to deregister the company and make me the individual trustee. I now find that I cannot be trustee as I am also appointer of the … read more
Brisbane-Lawyer
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Dear Leon, My nephew, who is the director of my Fathers company,
Dear Leon, My nephew, who is the director of my Father's company, has de-registered the company. According to ASIC's information sheet on de-registering a company all members of the company agree to d… read more
Leon
Leon
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Master's Degree
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I need an expert in Australian Company/Business Law Hi. Would
I need an expert in Australian Company/Business Law Hi. Would you please tell me if I can be a company director again. I was a company director in Australia with my ex husband. We put it in the hands … read more
Leon
Leon
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Master's Degree
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I company I know is about to be deregistered in October. Can
I company I know is about to be deregistered in October. Can I then purchase the name of that company to open up a new company myself. I do not have any connection to the said company but I would like… read more
Sean
Sean
Experienced lawyer
Bachelor of Law with First Class Honours
855 satisfied customers
Hello I have a tax / Trust law / Asic / Company Liquidation
Hello I have a tax / Trust law / Asic / Company Liquidation inquiry. I have a family Trust that is a Trading Trust, and my company is the Trustee. The only asset the Trust owns is an Insurance policy.… read more
Leon
Leon
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Master's Degree
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I am a a sole director of a Pty Ltd Australian company. I wish
I am a a sole director of a Pty Ltd Australian company. I wish to deregister the company. How can I sell company assets prior to deregistering so they dont become the property of ASIC?… read more
Patrick H.
Patrick H.
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My fellow director is responsible for the company accounts.
My fellow director is responsible for the company accounts. In December 2010 we were informed by the ATO that we had incorrectly paid GST through our company and the ATO refunded funds to our company.… read more
Patrick H.
Patrick H.
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We are in the process of working towards Voluntary Deregistration
We are in the process of working towards Voluntary Deregistration of a Company and my question is when we complete Form 6010 do we also need to forward audited financials to ASIC. Thank you.… read more
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I have a lease for a retail shop. I have searched the ACN
I have a lease for a retail shop. I have searched the ACN and Company name, and there is no record. I have checked with ATO. How do I contact the owners? I have been working through a real estate agen… read more
Leon
Leon
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Hi. hope you can help. Just need some advice on how to change
Hi. hope you can help. Just need some advice on how to change director of a company. There is PAYG payable to ATO of about $120k and the company is basically going under. But thinking about changing d… read more
D. Coleman
D. Coleman
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In 2002 the corporate trustee of my discretionary family trust
In 2002 the corporate trustee of my discretionary family trust was placed in the hands of a R&M. I personally declared bankruptcy and was discharged after 3 years. The family trust has no assets - the… read more
Brisbane-Lawyer
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If a Pty Ltd Company goes into Bankruptcy, voluntary or imposed,
If a Pty Ltd Company goes into Bankruptcy, voluntary or imposed, can assets of the owner/director/shareholder such as a retail business (if it is owned by the same person) and/or home be seized by the… read more
cmcd
cmcd
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Im wondering about whether winding up a company could avoid
I'm wondering about whether winding up a company could avoid potential personal liability by the ATO. My company has employed sole trader contractors operating as field steam cleaners for some time. I… read more
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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