Australia

AUSTRALIA COMPANY FORMATION

Australia is the only country in the world occupying an entire continent. Politically, it is a federation, consisting of six states and two territories. The official Head of State is the Queen of the United Kingdom, whose representative in Australia is the Governor-General. Australia is known throughout the world as a highly developed country with a standard level of taxation and a high rating in international business circles. Australia does not have the reputation of a country with a privileged tax system, and therefore enjoys a good image with entrepreneurs and official institutions.  The most common form of business entity in Australia is the proprietary company limited by shares (Pty. Ltd.).

General Information on Australia
  • Total area: 7,692,024 sq. km
  • Population: 23,000,000
  • Political status: Federation
  • Capital: Canberra
  • Official language: English
  • Official currency: Australian Dollar (AUD)
  • Time zone : GMT +8 / GMT +10
What we offer
  • Register your Company in Australia in 2-3 weeks.
  • We provide you with the most competitive price.
  • We maintain complete confidentiality.
  • A dedicated relationship manager will be provided to assist you throughout the process.
Incorporation package pricing

Our price for setting up a company is $ 2599.

Annual Renewal fee is $ 2099, including full domiciliary (Registered Agent/Office) costs and annual Government Duty. Also, there are additional fees for preparing of financial statement, depending on complexity of the statements.

Incorporation Package includes
  • Professional services for preparation and submission of documents to registrar.
  • Payment of state duty for registration of a company.
  • Acquisition of a registered office& a registered agent for 1 year.
  • All Corporate Documents.
Basic Requirements for Company Formation
  • 1 Director and 1 Shareholder.
  • Physical Office is required.
  • Minimum Authorized Share Capital required: AUD 1000, Minimum capital to be paid at the time of Incorporation: AUD 1.
  • Annual return must be submitted until 31st December every year.
  • Financial statements to be submitted every year.
  • Australian Pty. companies require a minimum of 1 Secretary, who may be a natural person or a corporate body.
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  • At least one Secretary must be a resident of Australia. Each Australian Pty. company must file information on its Secretary with the Australian Securities & Investment Commission.
Documents Required
  • Proof of identity (Current valid Passport, National ID card).
  • Proof of Residential Address of the chosen Shareholders and Directors.
  • Resolution to open a bank account, rent an office, appoint first director/shareholder, engage a Phone, Internet & Website service provider, hire a staff member/s.
  • Agreement authorizing to represent the company in commercial negotiations.
  • Resolution issuing a Power of Attorney authorizing to sign documents on behalf of the company.
  • Register of directors/shareholders.
  • M & AA, Certificate of Incorporation, Latest Annual returns and financial statements in case of a corporate Shareholder.
Corporate Taxation

Tax rate for Australian resident companies is 30%. Usually, Australian companies are used in agency scheme, together with other, foreign (offshore) company.

Tax Treaties

Australia has entered into Double Tax treaties with more than 40 countries.

For any queries/ additional services please send us an email or reach us on Skype at info@offshore-banking.net.

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