Australia Business Formation |
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A properly structured Australia private limited company is an ideal corporate vehicle through which business in Australia, and internationally, can be conducted. The following information will help you determine whether Australia business formation meets your business objectives. |
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| Advantages of Australia Business Formation | ||||||||||||||||
| 1. | Australia business formation permits 100% foreign ownership. |
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| 2. | With Australia business formation there is no minimum capital requirements. |
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| 3. | Australia business formation law does not require a resident company secretary. |
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| 4. | It is easy to open corporate bank accounts all over the world to support Australia business formation. Healy Consultants works with internationally recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services. |
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| 5. | An Australian business projects an excellent image to your customers and suppliers. |
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| 6. | Only one resident director and shareholder is required to meet Australia business formation regulations. |
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| 7. | Australia is the 9th easiest place in the world to do business according to a World Bank's Doing Business Survey. |
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| 8. | Investors are provided with various incentives, by the Australian Trade Commission (AUSTRADE), which is the government’s trade and investment development agency, to support Australia business formation. Refer to Healy Consultants Australia Investment Incentives for more information. |
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Disadvantages of Australia Business Formation |
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| 1. | In regard to Australia business formation law, at least one Company director must be resident in Australia. |
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| 2. | An Australia business formation structure is subject to corporation tax for income generated both in Australia and internationally. |
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| 3. | The Company Secretary must be an Australia resident to comply with Australia business formation law. |
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| 4. | There is a public register of shareholders and directors of every Australian Company. Although this limits privacy, a public register enhances commercial transparency in Australia. |
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| 5. | An Australian Company must submit annual accounts, as well as tax returns and undergo an audit. |
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Other Information on Australia Business Formation |
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Refer to the following links to read more information on Australia business formation: |
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| iii) | Other Services to Support Australia Company Set Up |
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Please note that this fee does not include the initial deposit required by the bank.
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Contact Us |
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For additional information on Australia business formation, email email@healyconsultants.com or call us in Sydney at +61 280 147 568 |
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Back to Australia Company Formation page. |
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Buy Healy Consultants' Asia Business Setup book, to order call +61 280 147 568 or e-mail email@healyconsultants.com
