A company extract is a document that provides essential information about a registered entity, sourced from the Australian Securities and Investments Commission's (ASIC) database. It typically includes details such as the company's Australian Business Number (ABN) and Australian Company Number (ACN), the registered name and address, officeholder details, share structure, and financial reports.
This document is invaluable for verifying a company's legitimacy, understanding its structure and history, and assessing any potential risks associated with business ventures or legal proceedings.
To obtain a company extract, one must visit the ASIC Connect website, search for the desired company under the 'Organisation and Business Names' section, and select the appropriate extract for purchase. The process is straightforward and can be completed online, with the option to receive current or historical information for a fee.