Set Up A Special Purpose Company

A Special Purpose Company is one way to set up a not-for-profit organisation in Australia. This type of company is typically a proprietary company limited by guarantee, rather than by shares.

• Unlike companies limited by shares, a Special Purpose Company does not have shareholders. Instead, it has members who guarantee a nominal amount if the company is wound up.
• The organisation’s main purpose must be to pursue charitable or not-for-profit objectives, and it cannot distribute profits to members or directors.
• A Special Purpose Company must:

This structure is commonly used for charities, community groups and other not-for-profit organisations where income and resources must directly support the stated objectives.

As part of our fixed-fee package for Special Purpose Company Set Up, our expert lawyers will help you set up your not-for-profit under this company structure. The package includes:

• An initial consultation with a Sprintlaw lawyer
• Registration of 1 special purpose not-for-profit company with ASIC
• Drafting a constitution including a charitable purpose for your organisation
• Applying for ACN registration for 1 business
• Applying for ABN registration for 1 business
• An electronic company register pack, including the Certificate of Registration, Constitution, Share Certificates, Copy of Form 201, Register of Members, and all required resolutions and consents

Our Special Purpose Company Set Up packages start at $500 + GST. This includes setting up your Special Purpose Company, phone calls with our expert lawyers to guide you through the process, and all the documents you’ll need. The price also includes the initial government fees to set up your company.

We handle everything by phone, email and video call, so you never need to visit an office. Once you request a quote, one of our legally trained consultants will get back to you within one business day with a fixed-fee proposal. If you accept, we will pair you with a specialist lawyer who will guide you through the process. All documents are delivered digitally, and you can communicate with your lawyer in the way that suits you best. It is the same quality legal advice you would get from a traditional firm, just without the commute, hourly billing surprises or the formality.