How long will it take to establish a company in Australia?
A：
About one to three weeks.
Q：
Is there any restriction on the nationality of shareholder or director for an Australia company?
A：
There is no particular requirement for the nationality of a shareholder, but at least one director shall be the person in the nationality of Australia.
Q：
What things shall be aware of as the application of bank account in Australia?
A：
If the nationality of director is outside of the territory of Australia, such director shall prepare the passport with the valid period in 2 years at least. Besides, another local director shall be present at the bank to proceed the application as well.
Q：
Is there any minimum amount of capital for establishment of a company in Australia?
A：
No minimum amount of capital.
Q：
Is it necessary for an Australia company to hold a shareholder meeting regularly?
A：
Holding a shareholder meeting is not compulsory, but the shareholder shall submit a resolution or a minute of shareholder meeting regarding to the unnecessity to hold the shareholder meeting to the government.
All information in this article is only for the purpose of information sharing, instead of professional suggestion. Kaizen will not assume any responsibility for loss or damage.
Australian residents for tax purpose ( hereinafter referred to as Australia tax resident) who satisfy the residency test stipulated by the Australian tax law, have to declare all worldwide income earned both in Australia and internationally in Australian tax return and pay the tax to the Australian Taxation Office (ATO).
How long will it take to establish a company in Australia? About one to three weeks. Is there any restriction on the nationality of shareholder or director for an Australia company? There is no particular requirement for the nationality of a shareholder, but at least one director shall be the person in the nationality of Australia.
