Company Formation in Australia
Company registration in Australia. All inclusive services for Australia company formation with LegalBison.
- Reputable and stable jurisdiction
- Part of the RCEP Free Trade Agreement
- Open-to-business jurisdiction
- High-skill, educated workforce
Consulting team dedicated into advising the best suitable jurisdiction for your project.
Experienced crypto and FinTech MLRO with company structuring and PI onboarding.
Information on company registration in Australia
Australia is a first-world economy located in Oceania, at the doors of the Asian market. With a fairly liberal economic environment, the country enjoys a reputation of stability and wealthiness.
Popular business activities in Australia
Multiple companies decide to form a company in Australia to develop their businesses in fields such as:
- Information Technologies (IT) & Computing
- Mining
- Sustainable Energy and Innovative Environmental Technologies
- Finance
- Real Estate Development
- Logistics
- Commerce
We advise requesting an individual consultation for appropriate advice on growing or starting your business abroad. Our team is available on business days, by leaving a request.
Benefits of doing business with a company registered in Australia
Australia is strategically located, meaning that a company in Australia is not just good for doing business within the country, but also with the whole Asia-Oceania region.
Notably, Australia is part of the RCEP Free Trade agreement, gathering 15 countries (Australia included) and most notably China, Indonesia, Japan, Malaysia, the Philippines, Singapore, South Korea, Thailand and Vietnam
Registering an Australian company with LegalBison
The process is straightforward, as our team work hard to offer turnkey services, where you just need to describe your project and provide us with the few mandatory documents to get started.
Registration of a company in Australia is no different, with the complete process taking about 3 weeks with our assistance. Once you get in touch with us, a consultant will lead you through the steps in a seamless manner, describing the different stages of forming your company in Australia and completing any additional required services such as banking account opening.
Our packages for company registration in Australia
The simple path to starting your business in Australia, with our services packages.
Consulting team dedicated into advising the best suitable jurisdiction for your project.
+44 20 4577 0974
Experienced crypto and FinTech MLRO with company structuring and PI onboarding.
+44 20 4577 0974
Request a consulation on company formation in Australia: cost, process and requirements.
-
Initial consultation
-
Company Registration in Australia
-
Registered legal company address
-
Australian Company Number (ACN) & Australia Business Number (ABN)
-
Complete set of corporate documents
-
Local secretary services
-
Corporate banking account
-
Nominee director
Complete package with all the necessary corporate services to get started quickly.
-
Initial consultation
-
Company Registration in Australia
-
Registered legal company address
-
Australian Company Number (ACN) & Australia Business Number (ABN)
-
Complete set of corporate documents
-
Local secretary services
-
Corporate banking account
-
Nominee director
Business package with the addition of optional services such as banking and privacy.
-
Initial consultation
-
Company Registration in Australia
-
Registered legal company address
-
Australian Company Number (ACN) & Australia Business Number (ABN)
-
Complete set of corporate documents
-
Local secretary services
-
Corporate banking account
-
Nominee director (optional)
How did it go with LegalBison? See what our clients said
LegalBison helped us navigate a space that’s often uncertain and complex, which gave us the confidence to move forward with our project.
Quick set-up and straightforward process. It was a smooth process, we are happy to have chosen LegalBison as our Partner for incorporations, globally.
LegalBison excels at adapting to challenges and demonstrates a perfect understanding of our business needs.
I highly recommend Legal Bison to any entrepreneur or business seeking top-notch services for their company formation. Their commitment to excellence and customer satisfaction is truly commendable.
As a result of the fruitful cooperation with LegalBison, Yellow Card obtained a VASP registration, fast and without any legal complications.
Very proactive, responsive, and able to provide solutions and advice. The firm is familiar with the new industry of blockchain and cryptocurrency
Ready-Made Companies in Australia for Sale
Do you want to simplify the process of company registration in Australia and get on the fast track? Consider purchasing a shelf company in Australia. Availability on demand.
Getting started with company registration in Australia
Find out all the necessary information to make a choice about incorporating your business activity in Australia. Discover why Australia is a popular jurisdiction and how it may help your business to reach another level. Additional information on demand, directly with our team of experienced consultants.
- Timeline
- Duration
- Remote incorporation
- Required Information
- Documents
- VAT
Procedure to prepare the registration of a company in Australia
The registration process of a company in Company Formation in Australia is very simple. The experts of LegalBison will assist you throughout every step of it:
- Initial consultation and agreement;
- Payment of the full invoice;
- [IF REMOTELY]: Notarization of POA by client;
- Preparation of registration documents;
- Document signed at the notary;
- Official register validity: immediately.
How long does it take to form a company in Australia?
Incorporation in Australia takes 2-3 weeks on average, and is entirely remote.
Can I form a company in Australia remotely?
The whole incorporation process can be conducted remotely. No travel necessary. Notarization of documents is necessary.
- A Power of Attorney (POA) from (all) partners/shareholders is needed;
- The POA is sent to you by us based on the services you want;
- You have to certify the POA by a notary and in some cases legalize it by apostille (some countries need full legalization);
- Once you have the POA on your hands, we double-check, and you send us the original form (physical document) via courier to our address;
- Australia is part of the Hague Convention of the Apostille.
Necessary information to begin with company formation in Australia
- 3 options of your desired name for the company and a company contact email address;
- Names, addresses and emails of all shareholders and board members;
- Short description of your companies’ activity.
Required documents to provide to register a company in Australia
- Passport copies (a scan) of all individuals above, also beneficiary owner if applicable;
- A Power of Attorney (POA) from (all) partners/shareholders is needed (in case of a remote company registration);
- Certified company documents (in case at least one of the shareholders is going to be a foreign company).
Value Added Tax in Australia
In Australia, VAT is named GST (Goods and Services Tax).
Without VAT number
Company will not be eligible to receive VAT refunds, which means everything bought is 10% more expensive.
Company will have no need to file monthly tax returns (prerequisite: no one receives a salary), which means low costs.
With VAT number
A company registered in Australia generating 75,000 AUD or more in turnover must register for GST (VAT equivalent in Australia).
Registration on a voluntary basis is possible and is done online.
Alternatives to company formation in Australia
Our team has curated the following jurisdictions as being worthy alternatives to a company registered in Australia.
Company Formation in Austria
from 1.800 €-
Prestigious standing
-
Competitive tax rate in EU
-
Completely remote
Company Formation in Bahrain
from 3.300 €-
Fast growing economy
-
0% taxes (except oil business)
-
Business friendly environment
Company Formation in Costa Rica
from 2.350 €-
Tax-free
-
Discretion of board members
-
Not listed as a tax haven!
Company Formation in Hong Kong
from 750 €-
Ideal offshore jurisdiction
-
Advantageous taxation
-
Fast and cheap process
Company Formation in Singapore
from 750 €-
Top economy
-
Low taxes
-
Business friendly
Company Formation in Thailand
from 3.000 €-
South Asian powerhouse
-
Quick incorporation
-
Rising economy
Things to know before registering your company in Australia
How high are the corporate income tax in Australia?
The standard corporate income tax is 30%.
A reduced 25% rate applies for “base rate entities”, companies who fills the following two criteria:
- A turnover under 50 million AUD;
- No more than 80% of the taxable income is passive (investments, etc).
DTAA signed by Australia for companies
Many countries have bilateral conventions to avoid double taxation and prevent fiscal evasion.
Argentina, Austria, Belgium, Canada, Chile, China, Czech Republic, Denmark, Fiji, Finland, France, Germany, Greece, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Kiribati, Korea (Republic of), Malaysia, Malta, Mexico, Netherlands, New Zealand, Norway, Papua New Guinea, Philippines, Poland, Romania, Russia, Singapore, Slovakia, South Africa, Spain, Sri Lanka, Sweden, Switzerland, Taiwan, Thailand, Turkey, United Kingdom, United States of America, Vietnam.
Accounting and audit requirements for a company in Australia
Every private limited company in Australia must file a yearly tax return, including financial statements.
The tax return has to be filed before the 28th of February of the following year.
What are the residential requirements in Australia?
There are no residential requirements for a private limited company.
100% foreign ownership as well as directorships are allowed.
- Taxes
- Double Tax Treaties
- Accounting and audit requirements
- Residency requirements for company holders
How high are the corporate income tax in Australia?
The standard corporate income tax is 30%.
A reduced 25% rate applies for “base rate entities”, companies who fills the following two criteria:
- A turnover under 50 million AUD;
- No more than 80% of the taxable income is passive (investments, etc).
DTAA signed by Australia for companies
Many countries have bilateral conventions to avoid double taxation and prevent fiscal evasion.
Argentina, Austria, Belgium, Canada, Chile, China, Czech Republic, Denmark, Fiji, Finland, France, Germany, Greece, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Kiribati, Korea (Republic of), Malaysia, Malta, Mexico, Netherlands, New Zealand, Norway, Papua New Guinea, Philippines, Poland, Romania, Russia, Singapore, Slovakia, South Africa, Spain, Sri Lanka, Sweden, Switzerland, Taiwan, Thailand, Turkey, United Kingdom, United States of America, Vietnam.
Accounting and audit requirements for a company in Australia
Every private limited company in Australia must file a yearly tax return, including financial statements.
The tax return has to be filed before the 28th of February of the following year.
What are the residential requirements in Australia?
There are no residential requirements for a private limited company.
100% foreign ownership as well as directorships are allowed.
About Company Registration in Australia
For a non-resident, setting up a company in Australia remotely will cost 4.500 to 7.000 EUR depending on a few factors such as the business model’s risk profile, the amount of legal work to be done, etc. The cost usually do not include a bank account, but LegalBison offers all-inclusive packages with everything needed to start a company.
Yes, foreign ownership is allowed in Australia. Wherever you are living now and no matter where your passport come from, in most cases, it is perfectly possible to create an Australian company for you and your business. Note however that a few citizenship may be limited due to the sanctions’ policy in force. Contact our legal team for more information about your specific citizenship and residency, if you are interested in setting up a company in Australia.
It takes between one and two business weeks to register a new company in Australia. The process can be reduced to a few days by acquiring an existing shelf company and re-registering it to your name. Depending on your business project, both options may be interesting. We encourage you to discuss the matter with our consultants. Send a request for more information.
Most business getting started in Australia should keep the number 25% in mind, since this is the tax rate that applies to companies until their turnover grows over 50 millions AUD.
Once the company reaches this threshold, the corporate income tax rate grows to 30%.
Contact Us
Request more information about company registration in Australia.
Our team of consultants can assist you in incorporating your company in Australia remotely.
Send an inquiry to receive a quote tailored to your business project.
Consulting team dedicated into advising the best suitable jurisdiction for your project.
Experienced crypto and FinTech MLRO with company structuring and PI onboarding.
