Resident Director
Services

A Resident Director’s primary role is to satisfy the statutory residency requirement under the Corporations Act. Their details appear on ASIC’s public register and they are formally named as a director of the company. For a foreign subsidiary, day-to-day operations remain with your overseas leadership, while the Resident Director acts as the locally accountable person.

Yes. The Corporations Act requires at least one ordinarily resident director for a Pty Ltd company, and at least two for a public company. A foreign company registering a local branch with ASIC under Part 5B.2 has a separate but related local agent requirement, which Ascentium also provides.

A Resident Director is required for an Australian-registered company, such as a Pty Ltd subsidiary. A local agent is required for a foreign company registering a branch in Australia. They are separate ASIC obligations and are often needed together depending on the structure you choose. Ascentium provides both.

Appointment can typically be completed in conjunction with company registration, and ASIC processes a standard Pty Ltd registration within one to three business days. Where a company is already registered and needs an urgent appointment, we can move quickly once our onboarding requirements are complete.

Yes. Once you have a suitable person in Australia willing and qualified to act as director, we cease our appointment and manage the ASIC lodgement to formalise the change. Many clients use the service during initial market entry and transition to an in-house appointment as their local team grows.

Beyond Resident Director services, Ascentium offers company incorporation, corporate secretarial, registered office, accounting and tax, payroll and HR, and compliance services. International companies typically engage us across multiple services to manage all their Australian compliance through a single provider.