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?
Superb! With steady growth, stable trade, an unparalleled location, lucrative industry, sustained labour market, sound governance, ongoing research, and future-proof developments, Australia is a great place to set up your business!
Do you wish to undertake any direct profit-generating activities?
If you’re planning to carry on a business in Australia and as such undertaking profit-generated activities, the setup of a local subsidiary or an Australian branch of your foreign entity might be a more appropriate choice.
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.
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.
What does the ideal solution looks like for your business expansion plan?
All good! Based on your answers to this quiz, you will find your company’s business setup option in the next questions.
When it comes to compliance, what do you expect for you business when expanding to Australia?
Employer of Record is still a great option if you’re looking for autonomy, but want to leave the compliance to us. With our EOR solution, all legal employment requirements for your business will be covered under the EOR contract; as they will be listed as the employer of record, and thereby be fully accountable for all employment obligations. Contact us to organise an introductory call!
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?
The subsidiary company requires at least one director who must be a resident of Australia, and a public officer, also a resident of Australia, who is responsible for the company’s tax obligations. That’s another vital step to take if you’re confident Subsidiary is the best option for your business. If you’re still considering opening a branch office, it’s important to know that the foreign branch office is not required to have a local director, but it must have an Australian resident local agent responsible for the obligations the company must fulfil with ASIC and comply with the Corporations Act 2001. The branch must also appoint a public officer who is a resident of Australia.
No need to worry though, we’re here to help you grow with local support & knowledge.
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 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.
Does your director(s) 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!
Does your organisation have an Australian Registered Body Number (ABRN)
Excellent – Under the Corporations Act, the business name and ARBN must appear on all the body’s public documents.
