If the company's main place of business is not at the same location as its registered office, the company must inform ASIC where it is located and keep it informed of any changes to this. If it is a public company, the registered office must be open to the public on every business day. Each company is required to maintain a register of its shareholders. There are other registers a company must keep including a register of any charges given over company assets. A 'charge' is a security for a debt or other obligation which attaches to the property of the debtor.
Charges can attach to specific property, or be floating charges over all the debtor's property.
If the debtor is unable to pay its debts as and when they fall due, the lender may take possession of the charged property, or receive payments from the proceeds of the sale of that property. The law sets out the information required to be given to ASIC and the time limits for informing that regulatory body of any changes to this information. You can either set up a new company yourself or purchase a 'shelf' company. A shelf company that has been registered but has never conducted any business. There are businesses and also some legal and accounting firms that set up companies for sale to people wishing to start a new business without any delay.