Key takeaways

  • An ACRA business registration gives a business legitimacy, visibility, opportunities and funding access.
  • From the outset, you will need to determine whether a sole proprietorship, partnership or company is the right structure for your business.
  • All companies must appoint at least one director and a secretary; these are two of the most important roles for any small and medium-sized business (SMBs) starting out.

1. Register a company name

2. Choose and register a business structure

3. Appoint a company director(s) and corporate secretary

4. Register a business address

5. Set up Corppass

6. Opening a corporate bank account

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