Incorporating in Australia is a straightforward process with few major challenges. Shown below is an outline of the steps and procedures to expect when forming a company in Australia and opening an Australia corporate bank account with Healy Consultants. Healy Consultants works with internationally recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services. |
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| 1. | Before incorporating in Australia, Healy Consultants compliance team receives the required corporate and personal due diligence information from our client. |
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| 2. | Our client signs Healy Consultants engagement letter, before forming a company in Australia may begin, and returns the original to our Singapore head office. |
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| 3. | Prior to incorporating in Australia, our client confirms the Australia corporate structure. Healy Consultants will consequently proceed with haste in forming a company in Australia for our client. |
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| 4. | Prior to incorporating in Australia, Healy Consultants Incorporation Team submits for approval the company name to the Australian Registrar of Companies and begins forming a company in Australia for our client. |
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| 5. | Healy Consultants Company Secretary emails our client Australian corporate documents for signature and return to us as part of the Australia business start up process. |
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| 6. | Healy Consultants emails our client a Dormant Virtual Office Agreement for signature and return to us, also as part of the Australia business start up process. |
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| 7. | Assuming our client returns the above in a timely manner, Healy Consultants emails the government Certificate of Incorporation to the client after forming a company in Australia. |
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| 8. | After incorporating in Australia, Healy Consultants Corporate Banking Team forwards the corporate bank account opening forms for our client's signature in front of his/her local bank branch. |
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| 9. | After incorporating in Australia, and assuming our client returns the forms promptly, Healy Consultants couriers to our Australia Office the following original documents: The Australia company kit; the original Australia corporate bank account opening forms signed by our client; a detailed business plan outlining why the client is forming a company in Australia, and client due diligence (passport and proof of address; proof of business and bank reference letter). |
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| 10. | As part of our Australia business start up service, Healy Consultants’ Australia Banking Officer visits the local Australian bank to perform the following: |
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Attend a bank interview on your behalf, outlining your reasons for incorporating in Australia and expressing why you require a corporate bank account; |
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Submit your corporate bank account application; |
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Submit your corporate internet banking application; |
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Deliver the initial deposit to the Australian bank. |
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| 11. | As part of our Australia business start up service, Healy Consultants International Banking Team emails the following to you: |
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The business card of your dedicated corporate bank account officer; |
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A photocopy of all corporate and banking documents supplied to the bank to provide you the comfort you are the sole bank signatory and the corporate bank account is structured exactly as intended. |
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| 12. | Healy Consultants Australia Team receives confirmation from the Australia bank that the corporate bank account has been approved and the bank provides us with a corporate bank account number for our client. |
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| 13. | The Australian bank mails the following to Healy Consultants Australia office; |
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A corporate cheque book; |
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Internet username and passwords in sealed envelopes; |
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Confirmation that your ATM card is ready for pick up. |
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| 14. | As part of our Australia business start up service, Healy Consultants express couriers the following to our client: |
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Original Certificate of Incorporation for the Australia company; |
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Unopened bank correspondence; |
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Original copy of the initial bank deposit slip; |
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Original share certificates for our client's signature and return to us for safekeeping; |
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| 15. | Healy Consultants sends our client a Customer Satisfaction Survey to obtain honest feedback on how efficiently and effectively the engagement was completed to allow a sustained high level of interaction. |
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Many clients also request additional Australia business startup services after forming a company in Australia. These include: |
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| 1. | International corporate bank account opening, along with world-class multi-currency Internet banking after incorporating in Australia. |
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| 2. | Accounting and taxation services including; minimising withholding tax, preparing tax returns and financial statements, as well as payroll and investments to support Australia business start up. |
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| 3. | After incorporating in Australia, some clients request Healy Consultants Virtual Office services in Australia or worldwide. These involve providing office space to clients, providing a business address for invoicing purposes, phone, fax and email support and global call centre support to accompany Australia business start up. |
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| 4. | After forming a company in Australia, some clients seek assistance with human resource support. Our Australia business start up services include providing assistance with obtaining employment and residence visas, staff recruitment as well as offering payroll support. |
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| 5. | One of our niche Australia business start up services, Healy Consultants can help tailor a website for your company, craft a successful search engine marketing strategy for your website, as well as assist with media advertising after forming a company in Australia. |
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| 6. | After incorporating in Australia, to support their Australia business startup ambitions, many clients seek corporate and trade finance, as well as merchant accounts. |
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| 7. | Occasionally, our clients may request IT Support services as part of the Australia business start up package. This may include office network configuration, website development and maintenance, server maintenance or even hardware purchasing and configuration. |
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| 8. | After forming a company in Australia, some clients request advice on mergers and acquisitions, or assistance with conducting due diligence. Internal audit support and business process re-engineering is also requested by some clients after incorporating in Australia. |
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| 9. | While incorporating in Australia, Healy Consultants can provide valuable insight into Australian property purchases. Our Australia business start up services include sourcing competitive international mortgages for our clients, conducting economic analyses, assistance with property valuation and locating tenants. |
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| Contact Us | ||
For more information on forming a company in Australia, 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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