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AUSTRALIA Company Registration
COMPANY REGISTRATION IN AUSTRALIA PALAK RATWANI AUSTRALIA Australia represents the land of opportunity in 2013 and 2014 for overseas investors and entrepreneurs. A robust economy with only 5% unemployment and a GDP per capita of $40,800, Australia is tipped to outperform the rest of the developed world for most of this decade. • Australia company registration is easy and cost effective. Only one Director is required and foreign ownership is allowed. • No minimum capital requirements. • Easy place to do business and is also ranked as the SETTING UP 8th least corrupt country in the world by the 2009 Corruption Perceptions Index by Transparency Int. A PRIVATE • Main international banks are located in Australia and easy to open international corporate bank accounts. LIMITED • Wide range of incentives available for entrepreneurs COMPANY who register a company in Australia, including tax benefits and excellent network of tax treaties • An extensive tax treaty network, a tax exemption on dividends received by the Australian holding company, a tax exemption on a gain on sale of foreign shares, no withholding tax on dividends paid to a foreign parent. FEATURES It is a requirement for an Australian company to have a Director appointed who resides in Australia, as well as having a Registered Office Address located in Australia. Australia now has a so-called Migrant Investor visa, the 888 Visa. It is available to all nationalities and, briefly stated, allows permanent residency if AUD 5,000,000 is invested in ‘complying investments’. AUD 5 m is approximately equal to USD 5m. THANK YOU
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