Does your organisation already have an existing global branch structure?
Great! Regardless of your business size or industry, if you’re a multinational looking to expand to Australian shores, we have the solution to ensure your business thrives with more support and most importantly, less risk.
Would you say that your organisation have a complex global tax strategy?
The current tax strategy of your foreign company is a crucial factor to take into account when expanding to Australia. If, for example, you are looking to conduct a business activity in Australia, a branch setup might be of interest to you.
We are here to provide you with tailored professional advice and guidance regarding local taxation compliance before deciding on a business setup option.
Are you looking to expand in the short-term?
Our goal is to pave the way for your success. Whether you’re considering a light, risk-free entry into the Australian market or planning to establish a fully operational local entity, we’ve got you covered. Our Employer of Record (EOR) solution, for instance, can have you up and running in as little as a week. Now, let’s proceed to your next response.
Do you wish to test the Australian market before establishing a physical presence in it?
Is this your business first contact with the Australian market?
Great! Australia, a once relatively unknown & untapped market, has become a popular choice for global business expansion. With a strong investment landscape and a fast-growing population, the land “Down Under” offers thriving opportunities for businesses looking to expand.
Would you be expanding to Australia for an specific project?
All right! Expanding your business overseas as well as operating on a global scale has never been more important or competitively advantageous.
Is this a short-term project?
Does your business have Australian contractors?
Noted!
Are you looking to relocate members of your team?
That’s great! Let us ease the process for you by taking over the full management of your expatriate contingent workers, including their immigration and visa requirements. Contact our experts here.
Would you be looking to incorporate a separate Australian entity to manage your Australian operations?
In Australia, for long-term expansion plans, the most common and recommended way to expand is to establish a legal entity as a subsidiary. By definition, a subsidiary is a separate legal entity, meaning limited liability for tax and legal purposes (as it is independent of your parent company).
Although common, the process of setting up a subsidiary remains complex and time-consuming. But don’t worry, we’re here to help and ease the process for you!
Does your organisation have an Australian Company Number (ACN) ?
Good job!
Have you nominated your local director?
That’s excellent! Your Resident Director will play a compliance role as a minimum – signing off on accounts, contracts and so on as well as assisting with Company Secretarial compliance. The resident director can also take on the Public Officer responsibilities (and be the main point of contact with the ATO) for any tax compliance obligations. Feel free to contact us if you have any questions.
Does your local director have a Director Identification Number?
All directors of a company, registered Australian body, registered foreign company or Aboriginal and Torres Strait Islander corporation will need a director ID, so well done!
Have you registered with the Australian Taxation Office?
Great, you’re on the right path for a smooth expansion process. As you might know, post-incorporation, an Australian Business Number (ABN) & a Tax File Number (TFN) will need to be obtained to trade in Australia. Your company may need to register for Goods & Services Tax (GST) & must register for Pay As You Go Withholding to hire employees (PAYG).
Have you applied for Workers’ Compensation Insurance?
Superb! Workers’ Cover is a part of your local compliance responsibilities as an employer, and you will need to apply for Workers’ Compensation Insurance in each State you employ.
Have you chosen a Default Superannuation Fund?
Bravo! Setting up a default Super Fund is an employer’s compliance requirement when establishing a local entity in Australia.
Have you registered for State Payroll Tax?
Fantastic! Similar to setting up a default Super Fund, registering for State Payroll Tax is an essential employer’s compliance requirement when establishing a local entity in Australia, if your Payroll value is above the threshold.
