Company Formation in Australia

A properly structured Australian company is an excellent corporate vehicle through which business in Australia, and internationally, can be conducted. The following information will help you determine whether company formation in Australia meets your business objectives:
Advantages of Company Formation in Australia
1.	An excellent image is displayed to your customers and suppliers with an Australian business.
2.	There are no minimum capital requirements with company formation in Australia.
3.	Only one resident director and shareholder is required with company formation in Australia.
4.	100% foreign ownership is permitted with company formation in Australia.
5.	It is easy to open corporate bank accounts all over the world after company formation in Australia. Healy Consultants works with internationally recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services.
6.	Australia is the 9th easiest places in the world to do business according to a World Bank Doing Business 2008 Survey.
7.	Investors are provided with various incentives, by the government, both during and after company formation in Australia. View Healy Consultants Australia Investment Incentives webpage for more information.
Disadvantages of Company Formation in Australia
1.	Company formation in Australia means the firm will be subject to 30% corporation tax for income generated in Australia and internationally.
2.	To fulfil the legal requirements of company formation in Australia, at least one company director must be resident in Australia.
3.	The Company Secretary must be Australia resident to satisfy the corporate requirements of company formation in Australia.
4.	Following company formation in Australia, there is a public register of shareholders and directors of every Australian Company, that the company will be displayed on.
5.	The Company must submit annual accounts, tax return and undergo an audit following company formation in Australia.
Other Information on Company Formation in Australia
Refer to the following links to read more information on company formation in Australia:
	i)	Australia jurisdiction summary
	ii)	Australia corporate bank account
	iii)	Other services to support Australia company set up
	iv)	Frequently Asked Questions about Australia company formation
	v)	10 things you might not know about Australia.
Contact Us
For more information on company formation in Australia, email email@healyconsultants.com or call us in Sydney at +61 280 147 568
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