Australia

 Australia

Official Name: The Commonwealth  of Australia

Canberra

          English

The language is spoken: According to 2016 Ethnologies data:  260 languages

Australian dollar (AUD)

Australia globe

 

Our services;                      

  • Consultation (in person, online, phone)
  • Helping to prepare your documents
  • Start to finish your company registration process
  • Immigration services

Australia

Australia has been the focus of many immigration enthusiasts for years, and the situation became such that the Australian Government had to make it a little more difficult to obtain permanent residency. However, there are several ways to obtain residency in Australia, the most prominent of which are through the Australian Student Visa, the Australian Work Visa, and the Residence Permit by registering a company in Australia. People who only want to stay in Australia permanently should not choose the option of registering a company in Australia and achieve their goals through other ways of settling in Australia because registering a company in Australia is suitable for investors who want a new business in this Setup. To register a company in Australia, applicants must have complete knowledge of the business laws and economic and trade conditions in the country, according to which the information can be more carefully planned to succeed. It should be noted that you can personally make a short trip to Australia on an Australian tourist visa, where you can talk to people and foreign investors who have started a new business and how to get there. Achieve success by using their experiences. Alternatively, you can consult with an experienced lawyer to get the information you need to register a company in Australia, and they can tell you depending on your circumstances whether this type of business will be successful in Australia, as well as this type of business. What you want to do in Australia will be popular and whether people will pay for it or not. To register a company in Australia, you must first determine your business structure. Starting a new company in a foreign country always faces various challenges for the investor.

 

GENERAL QUESTION

Can having a reputable lawyer be effective in registering a company in Australia?
Yes. A reputable and knowledgeable lawyer can speed up your work.

Is it better to work in Australia or Europe or Canada?

Working conditions in Europe are different from Australia and Canada, and each has different processes. Methods such as Skilled Worker, Job Offer, and Job Search are among these ways.

Is it possible to get permanent residency in Australia with a work visa?

Some types of visas give you permanent residency from the beginning, while others require you to work in the country for a few years before you can become a permanent resident.

What is the best work visa in Australia in 2020?

In a detailed plan by the Australian Immigration Service, you are offered up to 42 visa models to immigrate to as a workforce or entrepreneur, or investor according to your circumstances.

 

THE BENEFITS OF COMPANY REGISTRATION

Continuous economic growth
Australia is entering its 29th year of uninterrupted annual growth from 1990 to 1991. An achievement that is no longer available by developed economies. 30 years of continuous economic growth creates the conditions for investment and company registration in this country.

Highly skilled workforce
Australia ranks seventh in terms of workforce skills, with people aged 25 to 64 having a high degree.

Strategic position
Australia’s position in two ways:

  • Through strong geographical, commercial, and cultural ties with the growing regions of India and the Pacific
  • By providing a bridge with a 24-hour connection between the major regions of the world, namely Europe, Asia, and the United States, it has created a suitable strategic position for investing in this country.

The power of sovereignty
The quality of governance in Australia is recognized as one of the best in the world as a stable parliamentary democracy; In 2016, Australia ranked 12th in the World Bank Global Management Indicators (2017).

 

Four types of companies foundation in Australia

Economic activity in the form of a real person (Sole trader):
This type of economic activity is related to the time when you, as a real person, introduce yourself as the sole owner of your business. In this case, you are personally responsible for all legal aspects of your business.

The benefits of this type of economic activity; All you are complete control over your business is earning all the profits and minimizing taxes.

Partnership:
A group of individuals or entities that run a business together. In this case, the responsibility for all legal aspects of your business lies with you and your partners.

The advantages of this structure; The ease and low cost of starting a business is the ease of the capital raising process and even the dissolution of the partnership and the recovery of the share of each company.

 

Trust:
An institution that maintains assets or income for the benefit of others (third parties). Using this structure usually has certain advantages in terms of paying taxes and breaking costs.

The advantages of this structure; Ease of capital increase and less responsibilities. In this case, your assets can be protected.

Company:
A legal entity whose existence / legal aspects are separate from its shareholders. This legal establishment minimizes shareholder liability and enables the business process to take place in a desirable and common manner in Australia.

 

Types of company registrations in Australia

  • Australia Ltd
  • Public company
  • Private limited company
  • Branch

The most common type of corporate structure is registering a limited liability company in Australia for small and very popular businesses among foreign investors because it does not have strict rules and is the easiest type of corporate institution structure. Although the directors of these companies have limited liability, if negligence is done according to the laws of fraud, the full responsibility is the responsibility of the managers and the amount of responsibility of each shareholder is determined according to the amount of their shares.

In order to establish private and public joint-stock companies, you must submit your application to the Securities and Investment Commission. Basically, these companies are for large businesses. For public joint-stock companies, there should be at least three managers and an inspector, and the formation of a board of directors in these companies is one of the requirements. In private joint-stock companies, there is a manager and an inspector. It is enough to note that in public joint-stock companies, there must be two directors and the same person as an inspector residing in Australia, and this is one of the requirements for registering a company in Australia through the public joint-stock company.

The establishment of a branch of a foreign company in Australia is such that when a person has registered a company in his own country or in another country and does not intend to dissolve it, but wants to develop the company’s activities in a country like Australia, he can Establish a branch to achieve this. Note that establishing a branch has its own rules. One of these rules is that the parent company has full control over the branch company and if the branch company wants to conclude a contract, it is the party to the parent company contract and not the branch company. In fact, the company is not an independent branch of the parent company and does not have full authority, and everything it does, including concluding contracts, buying, selling products, etc., must be under the supervision of the parent company. To establish a branch in Australia, you must formally submit your application to ASIC, and if approved, the company name must be confirmed in Latin, and after confirmation, all documents showing that the parent company of a company is registered and the type of activity. To be sent.

 

COMPANY REGISTRATION PROCESS 

  • Review of business plan and advantages and disadvantages of the company
  • Company management qualification
  • Assessing the financial ability of the company manager to fulfill his obligations in the company
  • Complete the specified forms and complete the introduction of the company
  • Specify the address for the location of the company
  • Full introduction of family members and the presentation of identity documents

Everyone can register a company in Australia except for bankruptcy in their home country and people who have committed certain crimes in Australia or who have committed a crime as a company manager.

Registering a company in Australia can initially be done by one person and then allowed to add up to 50 shareholders to their company in Australia, depending on how the CEO has registered companies in the country.

Private companies will be known as PTYs and special non-governmental laws will apply to these companies. Every company in Australia has a unique code or an identification number, which will be a nine-digit code, and the company must be mentioned in all documents, invoices, and all certificates issued by the company.

Documents required to register a company in Australia

  • Original and translation of identity documents (identity card, national card, and marriage certificate)
  • Note that the embassy will be more interested in registering Companies in Australia for people under the age of 55.
  • Original and translation of financial documents (letter of financial authority from the bank)
  • Original and translation of job documents
    In this case, he must prove in the last 4 years that his business in the country of origin was worth $ 400.
  • Complete the forms specified on the site online
  • Australian company registration taxes

Taxes in this process will vary depending on the business plan, so these businesses must be fully settled with Australian government departments every three months. The country’s tax authorities have a lot of control over the revenues and expenditures of these international companies. You should keep in mind that Australian international companies normally have to pay 30% of their profits in taxes to this country.