INFO 49
Minimum officeholders
This is Information Sheet 49 (INFO 49). A company needs to have a minimum number of directors and secretaries.
In plain English
INFO 49 explains the minimum number of directors and secretaries required for Australian companies.
INFO 49 applies to companies registering or changing their structure in Australia. Companies must meet minimum officeholder requirements. Public companies need at least three directors, including one residing in Australia. Proprietary companies need at least one director residing in Australia. Companies can have a secretary, but it’s not always required. This information sheet was last updated by ASIC in December 2023.
Why it matters
Meeting these requirements is essential for company registration and ongoing compliance. Failing to do so can impact your company's ability to operate legally and may affect director responsibilities.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/for-business/registering-a-company/steps-to-register-a-company/minimum-officeholders/. Rules Mate indexes + summarises; always verify against the regulator's live publication.