advantages of company formation in Australia

The popularity behind Australian company registration can be credited to its prospering economy, abundant raw materials and untapped resources. Additionally, Australia offers multilingual and highly adept work personnel along with a stable regulatory environment and a progressive culture of innovation, which makes incorporating a business in Australia a lucrative opportunity for businesspersons. It is characterised by economic openness, western business ethic and excitable appetite, which makes it one of the fastest growing regions in the world.

  • Temporary residents are exempt from tax on any income arriving from foreign investments

  • No minimum paid up share capital is required

  • Faster to incorporate

  • Australia is characterised by political stability and minimum interference from the government

  • Its multilingual workforce helps you employ people across cultures, which is essential if you are looking to expand globally

  • Business-friendly government who have enacted free trade agreement with many countries

  • It is one of the best places to start a small business

  • It boasts of a low-risk and secure business environment

  • It is well connected to Asia, which is one of the fastest growing regions of the world

requirment to open a company

BASIC REQUIRMENTS

  • Minimum 1 Shareholder (Australian resident)
  • Minimum 1 Director (Australian resident)
  • No Minimum Share Capital is required, however, share capital of AUD 1 is sufficient
  • Registered Office Address
  • Appointment of Company Secretary is optional. In the case of a company appointing a Secretary, he/she must be an Australian Resident

DOCUMENTS REQUIRED

  • Complete Application Form
  • Notarized copies of the Certificate of Incorporation, Memorandum & Articles of Association, and details of Directors and Shareholders of the company
  • Notarized copy of consent letter from the Directors and Shareholders
  • Copies of passport of the Shareholders
  • Extract of Companies Registrar

OUR SERVICES

  • Checking for name and activity availability and reserving the same
  • Evaluating the most appropriate tax category
  • Evaluating the most appropriate company form
  • Preparing, drafting and elaborating on company documents. i.e., Articles of Association or By- Laws
  • Complete analysis of all the other required corporate documents
  • Registration Compliance process and provision of forms, registration of ABN, TFN, GST and /or other registration requirements
  • Prestigious Address in Australia

TIME PERIOD

It takes approximately 2 days to form a company in Australia.

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