Directors
Directors run the company. A proprietary company needs at least one director who usually lives in Australia.
Shareholders
Shareholders own the company. One person can be both a director and a shareholder.
Company secretary
Optional for a proprietary company. Many small companies make the director the secretary too.
General information, not legal, tax or financial advice. If you're unsure, ask your accountant or talk to us.
Updated 18 Oct 2026