Establishing a company in Australia involves a series of formal procedures to create a legitimate business entity. Firstly, drafting a comprehensive business plan outlining the company’s goals, financial structure, and operational strategies is essential. The next step is selecting an appropriate business structure, such as a sole trader, partnership, or company, based on the business’s nature and size. Registering a company entails choosing a unique name that meets ASIC guidelines and conducting a thorough search to confirm its availability. Gathering all necessary documentation, including the company constitution, director information, and shareholding details, is crucial for the incorporation process.