Lehmark Business Centre

Lehmark Business Centre Information

Since Lehmark's founding a number of companies have been legally registered and created by Letters Patent. Lehmark has the most registered companies out of any micronation - our companies are created by Citizens who provide real services.

Lehmark's commercial development has primarily been in the fields of:

  • Finance/Investment

  • Website Services

  • Legal Services

  • Merchandise

  • Precious Metals

  • Media Services

  • Healthcare/Insurance

A Register of currently Registered company can be found below. This Register contains more information on their respective sector as well as contact and website information for each company.

Citizens and foreign investors are able to have a company registered in Lehmark by following the procedure found after the Register. Those foreign investors who do register a company in Lehmark will be subject to Lehmark Financial Policy - see Department of Treasury.

Business Register of Lehmark

Click on the Business Logo to Access the Business Website.

Lehmark Investment Corporation

A private company specialising in finance/investment and precious metals.

Registration Date: 10 July 2019/16 May 2020

Registration Renewal Date: 31 August annually

Letters Patent: Letters Patent - LIC

Lehmark Business Number: 765-912-08/K

Lehmark Broadcasting Corporation

A government company specialising in digital media presentations.

Registration Date: 20 July 2020

Registration Renewal Date: 31 August annually

Letters Patent: Letters Patent - LBC

Lehmark Business Number: 765-755-98/K

Lehmark Law & Associates

Lehmark Law & Associates provides independent professional legal advice to the Imperial Government and its Departments and Agencies, Lehmark Registered Enterprises and Citizens of the Empire.

Registration Date: 6 November 2019

Registration Renewal Date: 31 August annually

Letters Patent: Letters Patent - LL&A

Lehmark Business Number: 765-746-45/K

Micronational Web Services

A government company specialising in website based services.

Registration Date: 23 February 2020

Registration Renewal Date: 31 August annually

Letters Patent: Letters Patent - MWS

Lehmark Business Number: 765-348-85/K

The Lehmark Store

The Lehmark Store is a government owned company specialising in Nationally Focused Merchandise such as t-shirts, mugs etc.

    • CEO: Imperial Government of Lehmark

    • Email: Not Applicable

Registration Date: Not Applicable

Registration Renewal Date: Not Applicable

Letters Patent: None Issued - Government Owned

Lehmark Business Number: Not Applicable

National Health Insurance Company

A Company specialising in the management of NHI and LHS Providers.

Registration Date: 6 November 2021

Registration Renewal Date: Not Applicable

Letters Patent: Letters Patent - NHIC

Lehmark Business Number: 765-014-63/K

Business Registration Information and Application

Sole Trader Information

    • Defined as a single person business.

    • Sole Traders are personally liable for all debts.

    • Can Hire Employees

    • Must pay wages in accordance with the National Wages Legislation.

    • All Forms of Business must keep records and transactionary accounts for a minimum of 5 years.

Partnership Information

    • Defined as a Agreed and Contracted Partnership formed between Parties with the intent and purpose of running a business for profit.

    • Partners in a Partnerships are jointly liable for the business they have undertaken and associated debts. Partners will act as Agents and have mutuality of rights and responsibilities. Partners must have an active role in the running of the business. Partners must Agree to a sharing of profits. Retiring Partners are only liable for debts taken on during their Partnership, as with a new Partner would only be liable for debts after they joined the Partnership.

    • Partners are bound to act within the boundaries established by their Partnership Agreement.

    • Can Hire Employees

    • Must pay wages in accordance with the National Wages Legislation.

    • All Forms of Business must keep records and transactionary accounts for a minimum of 5 years.

Company Information

    • Defined as a Agreed and Contracted Formation of the Company, with a Director, Board of Directors and Shareholders. Companies are separate legal entities, with a defined scope of liability (limited by shares or guarantee, unlimited or no liability placed upon Shareholders).

    • Liability Definition:

      • Limited by Shares: Shareholder liability is limited to the amount unpaid remaining on said Shares. This is the most common type of company.

      • Limited by Guarantee: Shareholder liability is limited to the amount they have agreed to contribute if the company is bankrupted.

      • Unlimited Liability: Liability is not limited. These Companies are typically Investment and Mutual Funds.

      • No Liability: Shareholders have no liability to pay any calls on their shares but Shares can be forfeited.

    • Can be Private or Publicly listed.

      • Private Companies: Must have at least 1 Shareholder and 1 Director, who may be the same person. Will have Shareholders made up of the Director, and Board of Directors. Private Companies, are limited in Share size via the size of Company debt and limited in Shareholder numbers and is limited to 20 Shareholders.

      • Publicly listed companies: Must have at least 1 Shareholder (with no upper limit) and 3 Directors, who may be the same person. Will have Shareholders made up of the Director, Board of Directors and Members of the Public who have purchased Shares on a Share Market. With no limit on Shareholders.

    • Companies have a "Corporate Veil" meaning they are separate legal entities and thus Directors, are not personally liable for debts.

    • Companies are bound to act within the boundaries established by their Company Agreement.

    • Can Hire Employees

    • Must pay wages in accordance with the National Wages Legislation.

    • All Forms of Business must keep records and transactionary accounts for a minimum of 5 years.

Trust Information

    • Trusts in Lehmark will most likely function as a Business(/Trading) or Express(/Trading) Trust. With aspects of the below Categories of Income Distribution: Definitions:

      • Express or Business Trusts: Whereby the Trust has established and intentionally set up in a Trust Deed. Superannuation Funds are best suited to this form of Trust.

      • Trading Trust: Whereby the Trust is carrying on a business. Trading Trusts must be established as a Business Trading Trust with a defined Agreement. The Business is the Trust Property.

    • Categories of Income Distribution:

      • Discretionary Trust: Whereby the Trustee has choice when distributing income and assets to beneficiaries. Can choose the best distribution option, distributions do not need to be even between beneficiaries.

      • Unit Trust: Whereby unit holders own a distinct number of units within the Trust, the amount of units they possess determine amount of income. This Trust is best utilised when forming an Investment or Mutual Fund.

      • Fixed Entitlement Trust: Where the Trustee has no choice regarding distributions. Each beneficiary is entitled to a fixed and permanent amount, based on the Trust Agreement.

    • Can Hire Employees

    • Companies can be registered as a Trustee of a Trust and can apply the Corporate Veil to the Trust, separating the Director from the debt of the Company.

    • Otherwise for all other Trusts, Trustees are all personally liable for the debts of the Trust.

    • Trustee's are bound to act within the boundaries established by their Trust Agreement.

    • The Trustee is the person appointed to hold the Trust Property on behalf of said Trusts Beneficiaries.

    • Must pay wages in accordance with the National Wages Legislation.

    • All Forms of Business must keep records and transactionary accounts for a minimum of 5 years.

Registration Instructions/Requirements, Fees, and Income Reporting

  • A Business Bank Account with the Imperial Bank must be applied for and approved within 30 days of Approved Business Registration.

  • Choose the most appropriate Form of Business (i.e. Sole Trader, Partnership, Company or Trust)

  • Choose LCRB or LFRB.

  • Create a Business Plan or Agreement.

  • Create a Financial Report (if required).

  • Ensure you understand Contribution and Registration Fees.

  • Ensure you understand Annual Income Reporting.

  • Read the Application Process and Legal Disclaimer.

  • Now you are ready to apply to register your business using the above Business Registration Application Form.

Choosing LCRB or LFRB?

  • Choose Lehmark Citizen Registered Business if YOU own the business and are a Citizen of the Empire.

  • Choose Lehmark Foreign Registered Business if YOU own the business and are NOT a Citizen of the Empire.

Business Plan Explained: What to Include

  • Chosen industry

  • Method of revenue, potential expenses

  • Clear reason for registering the business

  • Who is involved with the business

  • How will your business involve the Citizens of Lehmark

  • Will you produce physical products

  • What supply chains will you use

Agreements by Business Form:

  • A Partnership Agreement needs to establish:

    • The Partners; their responsibilities

    • The nature of the business your undertaking

    • The Agreement also needs to outline the Functionality of the Partnership and business.

  • A Company Agreement needs to establish:

    • The Directors; their responsibilities

    • The Shareholders (and nature of liability)

    • The nature of the business your undertaking

    • The Agreement also needs to outline the Functionality of the Company and businesses.

  • A Trust Agreement needs to establish:

    • The Trustees; their responsibilities

    • The Beneficiaries

    • The nature of the business your undertaking

    • The Agreement also needs to outline the Functionality of the Trust and Trust/Associated; Investment Fund, Superannuation Fund, or Business and the like.

Company Contribution and Registration Fees

Businesses in Lehmark are subject to two fees; Contribution Fee and Registration Fee. Business are not charged taxes. Fees in Lehmark are subject to the Scale of Charges.

Registration Fee:

  • The initial Registration Fee is expressly payable in AUD (Scale 1), future Registration Costs can be payable in Imperial Florin.

    • The initial Registration Fee will provide the new business with Registration until 1 August the following year.

  • Registration is paid annually and thus Registration lasts 12 months.

  • This Fee is initially charged upon Business Approval. Payment terms are 14 days; or Business Licence is revoked.

Contribution Fee:

  • A Contribution Fee is always payable in Imperial Florin.

  • The Contribution Fee is based on income and not profit and is thus enforceable regardless of business profit or loss.

  • Contribution Fee is charged after the first 12 months of the business carrying on. This will be initially charged at the first Report of Income.

Scale of Charges:

Lehmark Citizen Registered Company

  • (Scale 1) Annual revenue: <$1,000AUD/3,000f = $15.00AUD or 100f

  • (Scale 2) Annual revenue: >$1,000AUD/3,000f but <$3,000AUD/5,000f = $35.00AUD or 220f

  • (Scale 3) Annual revenue: >$3,000AUD/5,000f = $60.00AUD or 350f

Lehmark Foreign Registered Company

  • (Scale 1) Annual revenue: <$300,000AUD = $370.00AUD

  • (Scale 2) Annual revenue: >$300,000AUD but <$800,000AUD = $580.00AUD

  • (Scale 3) Annual revenue: >$800,000AUD= $820.00AUD

Reporting of Incomes and Charging Times:

Businesses’ will be required to report on incomes earned for the previous 12 months by 1 July per annum or potentially become subject to penalties. The Business Contribution Fee and Business Registration Fee is determined on these reported incomes. Invoices for both Fees will be issued by 1 August annually. Businesses have 30 days from issuing to pay the Invoice risk revocation of the Business Registration, and/or other additional penalties. Thus Businesses have until 31 August annually to register their business for the following 12 months, by ensuring payment of the issued Invoice.

  • Reporting is done via the Business Revenue Report Form on the Department of Treasury page.

Application Process

  • The Department of Internal Affairs ("the DOIA") will review the Application and will respond to the provided email address within 1 month.

  • If the DOIA finds the information to be acceptable, you will receive your Letters Patent and Lehmark Business Number - your information will then be directed to the Department of Treasury who will issue an invoice for initial Registration Costs.

  • If the DOIA finds the information provided incomplete or requiring further specifics they will contact you via the provided email.

  • If the DOIA rejects your application you will be informed and will also be informed of the reasons.

Legal Disclaimer

Any company that chooses to register in The Empire of Lehmark does so at their own risk. Foreign Forms of Business are able to register their Forms of Business within the Empire of Lehmark for taxation purposes however as Lehmark is an unrecognised micronation, registering in Lehmark for taxation purposes may be deemed illegal by other macronations and could incur penalties and charges. Foreign Forms of Business who do register within Lehmark accept all responsibility and liability should such legal action be brought against them. Lehmark is therefore not responsible for legal actions brought against any foreign Forms of Business because of this registration. Foreign Forms of Business are advised to determine their legal status and obligations prior to registering with the Empire of Lehmark. The Empire of Lehmark formally advises that foreign Forms of Business who do register only do so for the novelty of having such a registration.