Resident Director - Conditions

The simple answer is yes.  Acting as a Director in Australia is to assume many obligations, some have a financial risk whilst others may be the risk of criminal prosecution.

• Proof of your identity and proof of address (utility bill/bank statement not older than 3 months) of the beneficial owner. Scan copy to start the process but we will require certified original copies by post within 2 weeks.
• If incorporate proof of incorporation and details of officer and shareholders of incorporated entity.
• A Letter of Reference from your bank, employer, accountant OR solicitor who has known you for over 2 years.
• We will need to know reasons for requiring a Nominee Director
• We will need to know the nature of the business
• The Australian Company must agree to use our Accounting and Tax services 
• The company’s registered office will be our registered office.
• Appropriate Insurance coverage shall be taken out (Or proof of coverage is in place) such as
  • Directors and Officers Insurance
  • Workers Compensation Insurance as mandated in each state or territory of Australia
  • Other business insurance as required by the nature of the business