Do you know the address of your companys registered office?
You should know it might not be the same as your principal place of business.
Understanding the difference between the two could save immense stress, legal costs and your company.
The address of a companys registered office is the place where documents can be effectively served. This means, if a supplier, employee or customer wanted to commence legal action, they would be correct in posting their legal notices to a registered office address.
Say you are a director of a manufacturing company. Your principal place of business is 1 Fake Street, but the address for the companys registered office is your personal residence, 3 Cosey Avenue. One day you decide to relocate.
Several month…
Read the full article at: https://www.theherald.com.au/news/national/5622010/office-details-a-trap-for-many/