Topic 2 - Types of Companies in Australia

Various types of companies can be registered in Australia under the Corporations Act 2001 (Cth).

• Explain the differences between a company limited by shares and a company limited by guarantee;
• Explain the differences between a proprietary company and a public company; and
• Explain the meaning and main obligations of an ASX-listed company.

In your response, please ensure that you also refer to relevant sections of the Corporations Act 2001 (Cth) and any relevant ASX Listing Rules.