Yes you can be the registered builder and director - this is common.
Essentially to open a building company you form a company - generally create a trust which owns the shares of the building company, then you apply for registration as a building company and name your registered builder who is acting as the supervisor.
It's pretty simple. You'll need a business plan, cash flow forecasts, balance sheet etc for the builders rego as they will want to see equity positions etc.. You also need equity to get indemnity insurance (though it might be different in NSW).
After reading your posts though, i'm not really clear on why any of this is neccessary? On the one hand you're saying you'll have more control and pay less for your developments, then you're saying you'll draw down and pay your wage from your developments?
Are you just changing jobs? Landscaper --> Builder?
If your friend is willing to let you use his ticket to builder at a reduced margin on your projects, why start a company? Why not sign a building contract under his name and have him pay you to supervise etc?
Also, don't become a director in a building company unless you want a huge risk portfolio. If you're a landscaper (and i mean no offence by this) you're probably not qualified enough to understand the pitfalls of being a builder, or the requirements put on you as a builder. I'd imagine you are familiar with the HBCA1991 but that doesn't even scratch the surface.
Building companies are also not the best business to grow and sell as the good will value is really small. So this line of thinking shouldn't come into the equation. Builders make money when they operate, and close the doors when they decide to shut up shop. They're rarely sold for any significant amount of money.
All in all, i'd stick with your current job, pay your mate a reduced margin to build and then get him to pay you as a contractor to supervise etc... to avoid license lending.
Essentially to open a building company you form a company - generally create a trust which owns the shares of the building company, then you apply for registration as a building company and name your registered builder who is acting as the supervisor.
It's pretty simple. You'll need a business plan, cash flow forecasts, balance sheet etc for the builders rego as they will want to see equity positions etc.. You also need equity to get indemnity insurance (though it might be different in NSW).
After reading your posts though, i'm not really clear on why any of this is neccessary? On the one hand you're saying you'll have more control and pay less for your developments, then you're saying you'll draw down and pay your wage from your developments?
Are you just changing jobs? Landscaper --> Builder?
If your friend is willing to let you use his ticket to builder at a reduced margin on your projects, why start a company? Why not sign a building contract under his name and have him pay you to supervise etc?
Also, don't become a director in a building company unless you want a huge risk portfolio. If you're a landscaper (and i mean no offence by this) you're probably not qualified enough to understand the pitfalls of being a builder, or the requirements put on you as a builder. I'd imagine you are familiar with the HBCA1991 but that doesn't even scratch the surface.
Building companies are also not the best business to grow and sell as the good will value is really small. So this line of thinking shouldn't come into the equation. Builders make money when they operate, and close the doors when they decide to shut up shop. They're rarely sold for any significant amount of money.
All in all, i'd stick with your current job, pay your mate a reduced margin to build and then get him to pay you as a contractor to supervise etc... to avoid license lending.