Financially Up Accounting & Advisory
Pillar 7.9 • Corporate Secretarial & Governance

Company Registers Australia & Corporate Record Maintenance

Register of Members, Shareholder Records, Board Resolutions & Statutory Governance Records

Company registers are the internal records that document key information about a company, its members and important corporate decisions. Keeping them current is separate from updating ASIC. A company can have accurate information on the public ASIC register but still have incomplete internal records - or the reverse. Financially Up can help maintain and organize company records so the internal register and ASIC information are consistent.A company register service can be particularly useful for Australian owner-managed companies, family groups, growing businesses and companies that have changed accountants or advisers and discovered gaps in older records. The aim is not to create documents that never existed, but to organize the evidence available, identify inconsistencies and keep future records in a more reliable form.
Register of Members ManagementInternal Records & ASIC Alignment ChecksHistorical Record Reconstruction

Service at a Glance

Personalized scope & lodgement
2024–25 Open
Suitable For

Wage earners, investment property owners, CGT, crypto & standard returns

Delivery Format

100% online video meetings (Outlook Calendar) or in-person

ATO Lodgement

Direct electronic ATO portal lodgement by Registered Tax Agent

Client Protection

Draft explained and authorized by you before electronic submission

Registered Tax Agent #26242127
Guaranteed
  • Pre-lodgement draft walkthrough & written client sign-off
  • Extended ATO tax agent lodgement deadlines available
  • Transparent upfront quoting & zero lodgement without approval
Online Outlook video meetings or in-person consultations
Fast online appointmentBook now
10+ Years
Corporate Experience
Corp Act
Compliant Records
CPA & IPA
Qualified Specialists
Australia-Wide
Online & In-Person

What records should a company keep?

ASIC states that company officeholders are responsible for ensuring the company keeps required records. Depending on the company and its activities, records can include financial records, contracts, company meeting records and resolutions, the company constitution where one exists, and registers such as the register of members.

For a company with shares, the register of members - often called the share register - is especially important. ASIC requires all companies to keep a members register containing prescribed information about members and their holdings. Changes to member details or holdings should be recorded in that register.

What is included in a share register?

The register of members records who the members are and the shares they hold. For a company with share capital, it should include each member's name and address, the date they were entered in the register, the number and class of shares held, and the amounts paid or unpaid on those shares. Proprietary companies must also record whether shares are held beneficially. The exact entries depend on the company and its share structure.

Each member's full legal name and address
The date the member was entered into the register
The number and specific class of shares held (e.g. Ordinary)
Amounts paid or agreed to be considered unpaid on shares
Beneficial ownership status (mandatory for proprietary companies)
Historical share transfer and issue dates with transaction evidence

If your company is making a current ownership change rather than simply maintaining the register, see our Share Changes service. A share transfer or issue may require both an ASIC notification and an update to the company's internal register.

Company records scattered or outdated?

If your company records are scattered, outdated or difficult to reconcile with ASIC, Financially Up can review the available material and scope the corporate register work required.

Why company register maintenance matters

Good corporate records provide a reliable history of the company. They can help directors understand ownership and decisions, support future transactions, make annual reviews easier and reduce confusion when the company changes advisers. They may also be important when a shareholder, auditor, lawyer, lender or regulator needs evidence of particular corporate information.

ASIC makes clear that directors remain responsible for company records even where another person, such as an accountant, physically holds them. Outsourcing company register management therefore supports administration but does not transfer the officeholders' legal responsibilities.

Common problems with company records and registers

The ASIC shareholder details and internal share register do not match
Older share issues or transfers are not clearly documented
Share certificates or member details are missing or outdated
Board or member resolutions are stored in different locations
The company has changed accountants and no complete corporate register was handed over
Address or officeholder changes were updated with ASIC but not reflected in internal records
The company constitution, consents or historical documents are difficult to locate

Where the issue is a current ASIC update rather than internal record maintenance, our Company Changes service may be the more appropriate starting point. For yearly compliance around the ASIC statement, fee and solvency process, see ASIC Annual Reviews.

What Financially Up can help maintain

The exact scope depends on the company's structure, history and available documents. A company records and registers service may include assembling a current corporate register, reviewing member and share information, updating records for properly completed changes, organizing resolutions and consents, and checking key information against ASIC records.

Register of members and shareholding information
Records of share issues and transfers supported by available documents
Share certificates where applicable
Director and member resolutions supplied or prepared within the agreed scope
Company constitution and key corporate documents provided by the client
ASIC annual statements and selected lodgement records
Registered office, officeholder and other company-information records

Financially Up can help with the accounting and company-administration aspects of these records. We do not replace legal advice on the validity of historical transactions, shareholder rights, disputes, constitutional interpretation or missing legal instruments. Those matters may require an appropriately qualified lawyer.

Can an incomplete corporate register be reconstructed?

Sometimes. If records are incomplete, the first step is to gather the evidence that exists - for example ASIC extracts, annual statements, prior accountant files, share certificates, bank or subscription records, signed transfer forms, resolutions and correspondence. From there, gaps and inconsistencies can be identified.

A reconstruction should be based on evidence rather than assumptions. If ownership is disputed or documents conflict, professional legal advice may be required before the register can be finalized.

Ongoing company register management service

For companies with regular changes, ongoing register maintenance can be more efficient than trying to rebuild records later. This can be coordinated with an ASIC Registered Agent arrangement so ASIC correspondence and internal record updates are dealt with in a more consistent workflow.

Centralized statutory registry keeps board decisions, member registers, and ASIC lodgements synchronized under Australian corporate law.

Reliable Internal Records

Why choose Financially Up

Financially Up supports company owners with accounting, tax and corporate administration. We are a registered tax agent with more than 10 years of experience, and our team includes CPA and IPA members. We provide Australia-wide support through online appointments, with in-person appointments also available.

10+ Years
Corporate Experience
CPA & IPA
Qualified Specialists
TPB Registered
Registered Tax Agent
Australia-Wide
Online & In-Person

Frequently Asked Questions

Common questions about statutory registers, director responsibilities, electronic corporate records, and resolving discrepancies with ASIC.

4 Frequently Asked Questions
Click to expand

No. ASIC maintains the public companies register, but companies also have their own statutory and corporate records. For example, companies with members must maintain their own register of members.

Still have unanswered questions?
Speak directly with our Australian registered CPA tax accounting team.
Ready When You Are

Book an Appointment

If your company register is incomplete, outdated or inconsistent with ASIC, book an appointment with Financially Up to discuss a company register maintenance or reconstruction service.

Related Service:Looking to coordinate company register maintenance with ASIC correspondence? Visit