Australia Company Formation @ Healy Consultants

Australia Company Formation
A properly structured Australia private limited company is an excellent 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.
Advantages of Australia Company Formation
1.	Australia company formation is simple and cost-effective (see our Australia Company Set Up page). It requires a minimum of one director and one shareholder, 100% foreign ownership is permitted and it has no minimum capital requirements. As evidence of this, in the World Bank's Doing Business 2008 Survey, Australia ranks the world's 9th-easiest place to do business. For more information, see also our Australia company registration page.
2.	Because of the excellent image provided by Australia company formation, it is a suitable corporate vehicle to promote to clients, suppliers, investors and venture capitalists. For example, Australia is well ranked as the 11th least corrupt country in the world in the 2007 Corruption Perceptions Index by Transparency International.
3.	It is easy to open global corporate bank accounts to support Australia company formation. Healy Consultants works with internationally recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services. For more information, visit our Australia corporate bank account page or our other services to support Australia Incorporation page.
4.	Australia promotes free trade and has concluded trade agreements with New Zealand, Thailand, Singapore and the US. Australia ranks 4th in the 2007 Index of Economic Freedom by The Heritage Foundation.
5.	Foreign investors setting up a company in Australia can obtain government incentives, for example through Invest Australia.
6.	According to the 2007 Quality of Living Survey by Mercer Human Resources, Australia offers a high standard of living. Following Australia company formation, Healy Consultants assists clients to obtain Australia employment and residence visas.
7.	Healy Consultants can complete Australia company registration within 5 days, at no stage does our client required to travel to Australia to complete the process.
8.	International investors starting a company in Australia can benefit from Australia's advanced economy and infrastructure.
9.	Australia was placed 15th 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.
10.	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.
11.	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.
Disadvantages of Australia Company Formation
1.	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. Furthermore, when forming a company in Australia, the company secretary must reside in Australia.
2.	A public register of shareholders and directors is available following Australia business set up. A public register enhances commercial transparency in Australia
3.	Following Australia company formation, income generated in Australia and internationally is taxed at 30%. Investors wishing to incorporate a company in Australia should note that every company is required to submit annual audited financial statements and a corporate tax return to the Australian Taxation Office (www.ato.gov.au). For more information, visit our Tax Planning in Australia page.
4.	Australia is the world's 19th most competitive economy, according to the World Bank's Global Competitiveness Report 2006-2007.
Other Information
Refer to the following links to read more information on Australia company formation:

Contact Us
For more information on Australia company formation, email email@healyonsultants.com or call us in Sydney at +61 280 147 568.
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