Aspect | Details |
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Timeline for Company Registration in Australia | The timeline for company registration in Australia is 2 to 4 weeks |
Benefits of Company Formation in Australia | The list of benefits of company formation in Australia is as follows:
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Types of Entities for online business registration in Australia | Types of entities for company registration in Australia are as follows:
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Eligibility Criteria for Company Registration in Australia | The eligibility criteria for company registration in Australia are as follows:
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Documents Required for Company Formation in Australia | The list of documents required for company formation in Australia:
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Procedure for Online Business Registration in Australia | The procedure for online business registration in Australia is as follows:
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How can we help you with Company Formation in Australia? | At Enterslice, we ensure a smooth and efficient company registration in Australia for foreigners:
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Register your business in Australia smoothly with Enterslice for fast approvals, expert assistance, and get complete compliance support.
Australia has one of the world’s strongest economies, welcoming foreign investment to drive growth. With a GDP of $1.78 trillion and a thriving consumer market, company registration in Australia opens the door for vast business opportunities and global market access.
If you're an entrepreneur looking to expand, company registration in Australia, especially in Sydney, offers a strategic advantage. The Australian Securities and Investments Commission (ASIC) manages company registrations, ensuring a smooth and efficient process. Ready to start your business in Australia? Enterslice provides expert support for company registration in Australia. Leverage natural resources, R&D tax incentives, startup accelerator programs, and government grants to turn your business vision into reality! Given below are some of the major criteria to register a new company in Australia:
No minimum Share Capital
100% Foreign Ownership
30% Corporate Tax Rate
Local Registered Address (virtual or Physical)
Local Company Secretary
Minimum one director (Australian resident)
The different types of structures for business registration in Australia are as follows:
An Australian Limited Liability Company (LLC) is a popular business structure that provides liability protection for its members. As a separate legal entity, it ensures that the owner's personal assets remain protected from the company’s debts and obligations. It is one of the preferred business structures for company registration in Australia.
One of the most preferred business structures in Australia, a Proprietary Limited Company (Pty Ltd) operates similarly to a limited liability company. It allows 100% foreign ownership with a minimum share capital of $1. At least one resident director is required if a nominee director is not appointed, making it an ideal choice for foreign investors.
An Australian Public Company is suitable for businesses seeking investment from a broader pool of investors. Management and ownership are separate, requiring at least three directors, two of whom must be Australian residents. Additionally, a Company Secretary and Public Officer must be appointed to handle tax-related matters.
A Branch Office enables foreign companies to establish a presence in Australia. It must be registered with ASIC (Australian Securities and Investments Commission) and the Australian Taxation Office (ATO). A local agent is required to handle official communications, and the branch is subject to Australian taxes on locally generated income. It must also submit annual financial reports to ASIC.
A Partnership is commonly used by professionals such as lawyers and accountants. It requires at least one Australian resident partner. While the partnership itself is not taxed on profits, partners must declare their earnings and pay personal income tax.
A Representative Office is designed for non-commercial activities, making it ideal for market research or business expansion. It offers a simple registration process, but businesses cannot engage in commercial activities under this structure.
A Trust is commonly used by family-owned businesses. It is not considered a legal entity and does not pay taxes as long as earnings are distributed to beneficiaries. Establishing a trust requires a trust deed, which outlines its operations and beneficiaries.
The list of benefits of company registration in Australia for foreigners is as follows:
Australia has a stable and consistent economic growth. Its current GDP is 1.73 lakh crores USD. Even during the global economic uncertainty, it has shown a remarkable resilience.
Australia is strategically located as a gateway to the Asia-Pacific region. Registering a business in Australia provides a competitive advantage, offering easy access to major Asian markets like China, Japan, and South Korea.
Australia has consistently ranked among the top 20 in the World Bank’s Ease of Doing Business Index. It offers a straightforward regulatory framework and a business-friendly environment, making it an attractive destination for entrepreneurs.
The Australian government actively supports small and medium-sized enterprises (SMEs) through various programs and incentives aimed at fostering growth and success. These include Research and Development (R&D) Tax Incentives and Entrepreneurial Support Programs, among others.
Australia boasts a highly skilled workforce in engineering, finance, technology, and business management. The country places a strong emphasis on higher education and vocational training, ensuring a well-equipped talent pool for businesses.
The Australian Stock Exchange (ASX) ranks among the top 15 largest stock markets globally, offering businesses excellent opportunities to raise capital through Initial Public Offerings (IPOs) or attract institutional investments.
Have a look at the stepwise process for online business registration in Australia-
First, the applicant must choose the right business structure based on their needs. If the business is a proprietary company, it must include the word "Proprietary" or its abbreviation "Pty" in its name. The business can also use its Australian Company Number (ACN) as its name. The ACN is a unique number issued by ASIC.
Next, the applicant must choose a unique and available name before applying for company registration in Australia. The name should be short, distinct, and free from offensive words or misspellings.
Every Australian company must have a registered office address for receiving legal documents, notices, and government communications. This address can be a physical or virtual office but must be located within Australia.
For a foreign business owner, Australian laws require at least one local (Australian) director to establish a company.
Every company director in Australia must obtain a Director Identification Number (DIN) and submit it through the Australian Business Register. The DIN helps identify directors and promotes transparency in the business world.
In this stage, the applicant must obtain ACN (Australian Company Number), a unique nine-digit identifier for your company. This ACN number is required when an applicant company registers with the Australian Securities and Investments Commission (ASIC). It is one of the important steps for forming a company legally in Australia.
Obtain an Australian Business Number, a unique number that businesses in Australia use for tax and identification purposes. This ABN number is important for dealing with the Australian Taxation Office.
After a thorough review by the relevant authority, ASIC issues a Certificate of Incorporation to the applicant company. This official document confirms that the company is legally registered and ready to operate in Australia.
The list of eligibility criteria for online company registration in Australia is as follows:
The company must have a minimum of one director (must be an Australian resident)
The company must have at least one company secretary who can be an Australian resident.
There is no minimum share capital requirement for business registration in Australia.
The company must have a registered office in Australia.
The company should also obtain a unique business name that is not already registered and does not closely resemble an existing company name.
Company registration in Australia for foreigners must enrolled with the Australian Securities and Investments Commission (ASIC).
The list of documents required for company formation in Australia:
Passport (for foreign shareholders and directors)
Registered office address
Shareholders details
Detailed Business Plan
Signed Consent Form from all Directors and Shareholders
ACN (Australian Company Number)
Constitution or replaceable rules
Any other relevant documentation as per the state or territory regulations.
The taxation structure for company registration in Australia is as follows:
The list of most profitable businesses and industries for company registration in Australia for foreigners-
List of Industries for Online Business Registration in Australia
List of Businesses for Company Formation in Australia
Have a look at the key offerings of Enterslice for your company formation in Australia-
Enterslice has proved its mettle as one of India’s leading business consulting firms for company registration in Australia. Given below are the reasons why we are the first choice for company formation in Australia-
After company registration in Australia, businesses must adhere to post-registration compliance to ensure smooth operations. This includes holding a shareholders' meeting within 18 months of incorporation, filing annual tax returns, submitting financial reports to ASIC every 15 months, and maintaining accurate company records.
Australia’s business-friendly environment, strong economy, and government support make it an attractive destination for global entrepreneurs. Here are the five best cities for investment:
Entrepreneurs in Australia can choose from various company structures based on their needs. The main types include Australian LLC, Proprietary Company (Pty Ltd), Australian Public Company, Australian Branch Office, Partnership Firm, Australian Representative Office, Trust etc. Each structure offers unique benefits, depending on business goals and liability considerations.
Yes, foreign entrepreneurs are eligible to apply for Permanent Residency (PR) in Australia in different ways. The Business Innovation and Investment (Provisional) Visa (subclass 188) is one such method that facilitates business setup in Australia. After a specific time period, provisional visa holders can apply for permanent residency under the Business Innovation and Investment (Permanent) Visa (subclass 888). Other means to apply for PR include skilled migration visas and family-sponsored options.
Australia is the land of infinite opportunities, allowing international businesses and investors a chance to grow their ventures in Australia's dynamic ecosystem. Some of the most profitable areas for online business registration in Australia include IT services, renewable energy, e-commerce, healthcare, real estate, education, and agriculture.
Yes, foreigners are qualified to own up to 100% of a business share after successful company formation in Australia. However, they are mandated to meet the legal and regulatory requirements, including appointing a minimum of one Australian resident director. Every business must follow the Australian compliance, law and regulatory requirements for seamless long-term observations.
Given below are the steps to register a new company in Australia-
Company incorporation in Australia requires entrepreneurs to acquire specific licences and permits to continue their operations uninterrupted. Obtaining an Australian Business Number (ABN) and a Tax File Number (TFN) is a must. Besides, industry-specific permits for food safety, construction, or import-export licenses must also be obtained as per the business requirements.
Well, LLC stands for limited liability company, also known as private limited corporation (Pty limited). It is the most well-known type of business. Here the shareholder liability is limited to the amount of shares contributed in the company.
To qualify for an Australian business visa, you must submit an Expression of Interest (EOI) through SkillSelect and wait for an invitation to apply.
The list of benefits of company registration in Australia is as follows:
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