Raising funds in Australia
Which companies can raise funds in Australia?
Public companies (ie those with more than 50 non-employee shareholders) can raise funds from the general public by issuing securities.
Private companies (ie 'proprietary limited' companies that have no more than 50 non-employee shareholders) can raise funds:
- from existing shareholders and employees of the company or a subsidiary company, and
- from the general public if the fundraising does not require a disclosure document.
- What disclosure documents do you need to give potential investors when raising funds?
- Lodging prospectuses and other disclosure documents
- Stop orders: what they are and when we will issue one
- When can you fundraise without a disclosure document?
- Are there any restrictions on advertising or 'cold calling'?
- Regulatory index