Arttec Art Supplies Pty. Ltd.

What is the significance of Company Name in Australian business records?

In the context of Australian business, Company Name is the official moniker of the business entity. This is the name under which a company conducts business and is recognized. For instance, Arttec Art Supplies Pty. Ltd. is the officially registered name of the company in our case study.

What is implied by Registration Date in Australian company documentation?

Registration Date refers to the specific date on which a company was officially registered, marking the beginning of its legal existence. For instance, Arttec Art Supplies Pty. Ltd. was registered on Monday 7th November 2005. This provides a timeline of the company's existence and longevity.

What does Current Name Since mean in Australian business language?

The term Current Name Since denotes the date when the company began operating under its present name. In our example, Arttec Art Supplies Pty. Ltd. has been operating under this name since Thursday 1st December 2005. It may indicate a rebranding or other significant change within the company's history.

What is ASICs Register and its importance?

ASICs Register refers to the Australian Securities and Investments Commission's official record of companies. For a company like Arttec Art Supplies Pty. Ltd. to appear on this register signifies its legitimacy and compliance with Australia's business laws.

What does an Australian Company Number signify?

An Australian Company Number or ACN is a unique nine-digit identifier assigned to each company upon registration in Australia. For example, Arttec Art Supplies Pty. Ltd.'s ACN is 117006354. This number provides a unique identifier for the company, differentiating it from other business entities.

What is an Australian Business Number?

The Australian Business Number or ABN is an 11-digit number unique to each business in Australia, used for activities like taxes, trading, and other business dealings. Arttec Art Supplies Pty. Ltd.'s ABN is 25117006354, which is used in its commercial transactions.

What does Status denote in an Australian company's records?

In an Australian company's records, Status indicates the current operational state of the company. In this case, the status means that Arttec Art Supplies Pty. Ltd. has been active and operating since the .

What does Type represent in Australian business?

Type in Australian business classification refers to the structure or nature of the business entity. In the case of Arttec Art Supplies Pty. Ltd., it is an Australian proprietary company, indicating it is a privately owned entity with a limited number of shareholders.

What is meant by Class in company documentation?

Class in Australian company documentation specifies the liability structure of a company. Limited by Shares signifies that Arttec Art Supplies Pty. Ltd.'s liability is limited to the amount unpaid on the shares held by its shareholders.

What is the Subclass of a company?

Subclass provides further classification of a company within its Class. Proprietary other implies that Arttec Art Supplies Pty. Ltd. is a proprietary company not falling under any other subclass, such as a non-profit or charitable organization.