Australia company registration


Australia company registration

Since 2003, Healy Consultants has been efficiently and effectively assisting our Clients with i) Australia business registration ii) government license registration iii) business bank account opening iv) employee recruitment v) visa strategies and vi) office rental solutions.

Press the link headings below to read detailed, relevant, up to date information.

  • Advantages and Disadvantages

    Advantages of Australia company registration

    Australia business registration advantage

    1. An Australian company in the form of a proprietary limited company (Pty. Ltd., the Australian equivalent of an LLC) can be registered within one week, with a minimum of one shareholder and one director of any nationality. The minimum paid up share capital is AU$1 and our Client will not need to travel to complete the business registration;
    2. Australia promotes free trade and has concluded trade agreements with multiple countries including New Zealand, Thailand, Singapore, and the US;
    3. An Australian LLC enjoys the benefits of 50 international double taxation treaties, thus minimising withholding tax;
    4. Investors can obtain government incentives, for example through Austrade, which is the Australian government’s trade and investment development agency. Austrade helps international companies source goods and services from Australia. Austrade also identifies potential Australia investment projects and strategic alliance partners for those intending to pursue business registration.
    5. Our Clients registering an Australian company will benefit from a reduced corporate tax rate, as the government has reduced the corporate tax rate to 28.5% (compared to the previous corporate tax rate of 30%) for companies that have an aggregated annual turnover of less than AU$2 million;
    6. Our Clients’ return on investment will be boosted by the exchange rate of the Australian dollar. The AU$ is a safe currency, which should appreciate by over 10% against the USD by 2016, according to the IMF. Our Clients’ Australian assets will henceforth i) gain value overtime and ii) be sold with an appreciable markup;
    7. Dividends and capital gains received from both Australian and global subsidiaries are subject to a reduced corporate tax rate of up to 15% if i) the shares have been held for 1 year and ii) represent over 10% of the subsidiary’s share capital. If otherwise, the standard 28.5% tax rate applies.
    Healy Consultant’s guide on Australia business registration

    Disadvantages of Australia company registration

    1. In accordance with Section 201A of the Australia Corporations Act 2001, every Australian Company shall have at least one director who is ordinarily resident in Australia. Most of our Clients request Healy Consultants to provide the resident director. If required, Healy Consultants’ resident director service fee amounts to AU$5,910 per annum;
    2. Domestic and international income suffers corporation tax at 28.5%. Furthermore, every company is required to submit annual audited financial statements and a corporate tax return to the Australian Taxation Office (ATO). If the company’s sales revenue is less than AU$100,000, an audit exemption will be granted;
    3. A public register of shareholders and directors is publicly available. Although this limits privacy, it enhances commercial transparency in Australia.
  • Best uses for an Australian company

    1. Because of Australia’s excellent reputation, an Australian company is a suitable corporate vehicle to promote to Clients, suppliers, investors, and venture capitalists. Furthermore, Clients who wish to promote their business to stakeholders in New Zealand and the Pacific Islands can take advantage of Australia’s proximity to these countries. This is made easier since an Australian company’s resident director can also satisfy New Zealand’s resident director requirement.

    Company registration

    • Time to incorporate: One week
    • Cost to set up: AU$6,997
    • Minimum share capital: AU$1
    • Registered office: Registered address

    Required appointments

    • Shareholders: 1
    • Directors: 1
    • Company secretary: Yes (Resident)
    • Resident director: Yes

    Key facts

    • Corporate tax rate: 28.5%
    • Corporate tax base: Worldwide
    • Shelf companies: Yes
    • Main company type: Pty. Ltd.

    Frequently asked questions

    Contact us

    For additional information on our business registration services in Australia, please email us at Alternatively please contact our in-house country expert, Ms. Karen Lee, directly:
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