Raising funds in Australia
Important notice: Fundraising and corporate finance documents are now lodged with ASIC through the ASIC Regulatory Portal. For more information, see How you lodge fundraising and corporate finance documents.
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