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Success tips when doing business in Australia

    Australia business success
  1. Australians value an egalitarian society. Effective management styles are those that treat everyone equally regardless of their position in the company hierarchy;
  2. Despite the remoteness of Australia, conducting international business is common for Australian companies. Healy Consultants recommends Clients consistently use and sign contracts of service when doing business in Australia to provide protection if disputes arise;
  3. Government agencies play an important role, like all countries. All businesses deal with government agencies on a regular basis. This is where foreigners pursuing business registration should exercise restraint and be patient as much as possible as government authorities would always have the final say in any matter;
  4. Australians are relaxed persons until it comes to business. Then they become mistrustful.

Did you know about Australia?

  1. Australia is the world’s sixth largest country, a vast continent covering a distance of approximately 3,700 kilometers from its most northerly point to its most southerly point and is almost 4,000 kilometers wide from east to west. Australia is comprised of six states and two territories. China is Australia’s largest trading partner;
  2. It is not necessary to give your company a name. Your entity name can simply be its Australian company number;
  3. The Australian Stock Exchange (ASX) was formed in 1987 through the amalgamation of six independent stock exchanges and became a listed company on 13 October 1998. On 25 July 2006, the Australian Stock Exchange Limited merged with Sydney Futures Exchange (SFE) Corporation Limited, making the combined entity the 9th largest listed exchange in the world. The exchange is an ideal venue for trading both Australian securities and foreign issues, and is one of the stock exchanges considered by multinational firms looking to conduct IPOs;
  4. Australia is well ranked as the 9th least corrupt country in the world in the 2013 Corruption Perceptions Index (CPI) by Transparency International;
  5. According to the 2012 Quality of Living Survey by Mercer Human Resources, Australia offers a high standard of living, with 3 cities in the top 5 within Asia Pacific;
  6. As evidence of this, in the World Bank’s Doing Business 2013 Survey, Australia ranks 11th. For the key factor of starting a business, Australia is ranked as the 4th easiest jurisdiction;
  7. Australia is also ranked positively as the 20th most competitive country for business, in the World Economic Forum’s Global Competitiveness Report 2011-2012, taking into account factors such as infrastructure, macroeconomic stability, health and education, labour market efficiency, technological readiness and innovation;
  8. Australia benefits from a relatively high GDP, a reputable education system and high life expectancy rates. As support for this, Australia is currently ranked as having the second highest Human Development Index (HDI) in the world. the HDI is an annual report undertaken by the United Nations.

Frequently asked questions

Contact us

For additional information on our company registration services in Australia, you can email us at email@healyconsultants.com or phone us at (+61) 2 8014 7568. Address: Lvl 9 St Martins Tower, 31 Market Street, Sydney 2000. Alternatively contact our in-house country expert whose details are below: