It takes approximately 1 week to form a company 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