Does your organisation already have an existing global branch structure?
Regardless of your business size or industry, we have the solution to ensure your business thrives with more support and most importantly, less risk.
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.
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?
Awesome! From initial incorporation to the management of your company finances as well as your ongoing governance and compliance needs, we’re here with responsive and tailored support for your company needs.
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) ?
That’s the next step if you’re confident that establishing a subsidiary is the best option for your business. If you wish to establish a separate legal entity for your company, your business must register with ASIC. Once registered, ASIC will issue an Australian Company Number (ACN). Following receipt of the ACN, company taxation registrations with the Australian Taxation Office (ATO) can then be completed.
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.
Have you registered with the Australian Taxation Office?
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?
All good! As part of your local compliance responsibilities as an employer, you will need to apply for Worker’s Compensation Insurance in each State you employ. But you don’t have to do it alone – contact us if you need any assistance.
Have you chosen a Default Superannuation Fund?
No need to worry! Setting up a default Super Fund is an employer’s compliance requirement when establishing a local entity in Australia, and we can help you with it.
Have you registered for State Payroll Tax?
That’s all right; we can provide you with guidance on registering for State Payroll Tax. 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.
