A properly structured Australia private limited company is an ideal corporate vehicle to conduct business in Australia, and internationally. The following information will help you determine whether Australia company formation is the optimum corporate structure to fulfill your international business objectives. Further information can be found in our Australia company registration guide.

Australia company formation is simple and cost-effective. It requires a minimum of one director and one shareholder. Incorporation of an Australian limited liability company allows 100% foreign ownership and it has no minimum capital requirements. As evidence of this, in the World Bank's Doing Business 2011 Survey, Australia ranks 10th. For the key factor of starting a business, Australia is ranked as the 2nd easiest jurisdiction, after New Zealand.

Healy Consultants can complete Australia company registration within 5 days, at no stage is the client required to travel to Australia to complete the process.

A company secretary is no longer required when forming a company in Australia.

International investors starting a company in Australia can benefit from Australia's advanced economy and infrastructure.

According to the 2010 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. Following Australia company formation, Healy Consultants assists clients to obtain Australia employment and residence visas.

Australia was placed 16th in the world, for the second year running, on the Network Readiness Index. This index measures the range of factors that affect a country's ability to harness information technologies for economic competitiveness and development. Furthermore, 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.

Healy Consultants offers a range of Australia business start up services to support Australia company formation including accounting and taxation, IT support and obtaining corporate finance.

Entrepreneurs completing Australia company formation can benefit from Australia's numerous Intellectual Property laws. For further information on obtaining patented technologies, trademarks and copyrights view Healy Consultants set up a company in Australia webpage. Consequently, innovators and inventors find Australia an attractive location in which to do business.

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.

The Australian Tax Department has a system called Controlled Foreign Companies (for companies) and transferor trust rules (for trusts).  Controlled Foreign Companies’ (CFC) is basically a foreign company that is controlled by an Australian resident and/or group of associates. The system was put in place to prevent Australian residents accumulating wealth in offshore jurisdictions and not paying tax by holding it in companies or trusts. Unless the company is operated through a permanent establishment in the foreign country, the income is taxable for the Australian residents.

In accordance with the Australia Corporations Act 2001, every Australian company must have at least one director who is ordinarily resident in Australia. Healy Consultants can act as the nominee Australia-resident director.

A public register of shareholders and directors is available following Australia business set up. Although this limits privacy, a public register enhances commercial transparency in Australia.

For additional information on Australia company formation, contact email@healyonsultants.com or phone us in Australia at (+61) 280 147 568.