Register Company in Australia

Fionza Consultants is your premier partner for seamless company registration in Australia through the Australian Company Registry. Our comprehensive service package encompasses Australia company registration, offering the expertise of a local nominee director, and facilitating the opening of Australian corporate bank accounts. Trust Fionza Consultants as your all-in-one solution to initiate legally compliant business operations in Australia.

Australia

Company Registration – 1 Week
Local Director? – Yes
Bank Account Opening – 4 Weeks
Travel Required – No

Register company in Australia

Streamlining the company registration process in Australia is a breeze when you partner with Fionza Consultants. Let our seasoned professionals handle the intricacies, allowing you to focus your time and resources on more critical aspects of your business.

With our efficient and results-driven approach, trust our expert team to guide you seamlessly through the entire process of setting up your business in Australia. Our objective is to ensure that your newly established company is operationally ready within the specified timeframe.

Explore our comprehensive business registration service package, covering all essential elements for doing business in Australia:

Company registration with the Australian Company Registry (ASIC)
Professional Australia nominee director service
Local company secretary and registered address
Corporate bank account opening
Australia Business Number (ABN) and Tax File Number (TFN)
Tax registration and annual accounting services.

Choose Fionza Consultants for a hassle-free journey toward establishing and thriving in the Australian business landscape.

When can I expect to start business?

Experience swift Australian company registration with Fionza Consultants, completing the process in just 1 week. Upon receiving necessary due diligence documents from directors and shareholders, we initiate a thorough search for your preferred company name’s availability in the Australian Company Registry.

Benefit from a hassle-free online registration process that eliminates the need for travel to Australia. Once incorporation documents are prepared, our legal team submits the application to the Australian Business Register (ABR). Following ABR registration, you’ll receive essential legal documents, including the certificate of formation, memorandum & articles of association, and register of directors and shareholders. The certificate will detail vital information such as the company name, number, date of incorporation, and registered address.

Within 4 weeks of company formation, Fionza Consultants facilitates the opening of a corporate bank account with a reputable local or international bank. Our team provides account opening forms, and there’s no need for travel. In case of additional KYC verifications, Fionza Consultants arranges online video conferences for all parties involved.

Get your Australia-based company up and running within 5 weeks of engaging Fionza Consultants. For a detailed breakdown of our Australia business registration service steps, explore our comprehensive guide.

What types of companies are there?

Fionza Consultants simplifies the Australian business setup process by understanding your unique business model, offering tailored recommendations, and ensuring compliance with local regulations. Explore various business structures available in Australia:

1. Proprietary Limited Company (Pty Ltd):

Also known as Limited Liability Company (LLC).
Ideal for foreign investors; a straightforward and independent legal entity.
Limited liability for shareholders; no personal liability for company debts.
Minimal requirements, including 1 shareholder, 1 local resident director, 1 local resident public officer, 1 company secretary, and a local Australian registered address.
Annual company tax return and GST registration if turnover exceeds $75,000.

2. Partnership:

Consists of 2 to 20 partners sharing profits and losses.
Three types: General Partnership (GP), Limited Partnership (LP), and Incorporated Limited Partnership (ILP).
Reporting requirements vary; annual Partnership Tax Return with ATO required.
Partnerships offer flexibility but come with varying levels of liability.

3. Trust:

Involves a trustee and beneficiary; not a separate legal entity.
Trustee is legally accountable for assets and operations.
Beneficiaries pay personal income tax on Trust earnings.
Privacy advantage; no need for registration with Companies Registrar.

4. Branch:

An extension of the parent company in Australia.
Parent company assumes all liabilities.
Registration with ABR and ATO required, along with a local registered agent/secretary.
Annual submission of financial statements to ASIC.

5. Representative Office:

Intended for foreign investors not conducting business in Australia.
Permitted for non-commercial activities like market research and marketing.
Ideal for exploring the market before establishing a presence.
A popular choice for foreign investors seeking to promote their brand.

Fionza Consultants ensures a seamless setup process, providing essential documentation such as the Australian Company Number (ACN), Australian Business Number (ABN), and Tax File Number (TFN). Stay compliant with local regulations, initiate operations, and issue invoices within a short timeframe. Explore our step-by-step guide for a comprehensive understanding of our Australia business registration services.

How to register a company in Australia?

To successfully register your business in Australia, follow these streamlined steps with Fionza Consultants:

Step 1: Choose a Suitable Business Structure Explore diverse business structures in Australia such as Sole Proprietorship, Partnership, Limited Liability Company, Holding Company, Branch Office, and Representative Office. Our expert team at Fionza Consultants will analyze your business model, requirements, and objectives to recommend the most fitting structure.

Step 2: Register with the Australian Business Registration System (BRS) Submit your business details to the Business Registration Service to obtain either an Australian Business Number (ABN) or Australian Company Number (ACN), depending on your chosen entity.

Step 3: Reserve Your Preferred Business Name Check and reserve your desired business name, either during BRS registration or by applying to the Australian Securities and Investments Commission (ASIC).

Step 4: Register Your Business Review and submit all necessary documents, including the Articles of Incorporation, paying applicable government fees. Upon completion, Fionza Consultants will collect vital incorporation documents like the Certificate of Registration and Memorandum and Articles of Association.

Step 5: Meeting Post-Registration Requirements Fionza Consultants takes care of post-registration tasks:

Registering your business for tax with the Australian Taxation Office, securing a Business Tax File Number.
Obtaining a business license based on your business activity and location.
Facilitating required insurance for your business.

Step 6: Open a Corporate Bank Account Leveraging our extensive banking network, Fionza Consultants ensures the seamless opening of a corporate bank account for your business.

Step 7: Staying Compliant Fionza Consultants continues to ensure your business compliance with government policies, facilitating:

Timely tax payments and annual tax return filing.
Handling notifications to relevant authorities in case of any changes in the company’s structure.

Trust Fionza Consultants for a comprehensive and compliant business registration journey in Australia.

Why choose to register company in Australia?

When establishing a company in Australia, it’s crucial to comprehend the business environment to ensure your entity operates legally and securely, aligning with your long-term goals.

Political Landscape: Australia, ranked 12th in Transparency International’s Corruption Perceptions Index (2019), is actively engaged in global organizations like the World Trade Organization, OECD, G-20, and Commonwealth of Nations.

Economic Overview: Australia, rated 16th most competitive nation by the World Economic Forum, exhibits a score of 78.75%. As the 14th largest global economy and 11th in GDP per capita, it sustains steady growth with low unemployment, public debt, and inflation rates.

Social Factors: With a 99% literacy rate, Australia offers access to a highly skilled labor force, enhancing business prospects.

Technological Trends: Australia embraces technological advancements, evident in policies like the Australian Financial Services (AFS) license for FinTech and cryptocurrency businesses. Cryptocurrencies are legal and subject to capital gains tax since 2017.

Legal Framework: English being the official language minimizes communication challenges. Australia, ranking 14th globally for ease of doing business, maintains fair trading, competition, and consumer laws, fostering a level playing field and preventing monopolies.

Environmental Considerations: Ranked 21st in the Environmental Performance Index, Australia prioritizes sustainable growth while addressing challenges like natural climate change. Water insecurity and infectious diseases remain concerns.

By considering these facets, you can navigate the Australian business landscape strategically, setting up your company for success.

Find out more!

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FAQ

Can a foreigner register a company in Australia?

Yes. If a foreigner meets the minimum legal requirements, he can proceed with registering a company in Australia. The foreigner is allowed to own 100% of the shares of the company and be appointed as the director. However, he requires a local resident director and a local registered address.

How do I check if a company is registered in Australia?

Fionza Consultants will recommend you to use the ‘Organisations and Business Names’ function on ASIC website. You can search either by the company’s name or the company’s Australian Company Number (ACN).

How do I register a small business in Australia?

This ultimately depends on the type of business structure and business activity you are intending to carry out. For most of our clients, Tetra Consultants will recommend you to set up a LLC or Pty Ltd. If required, we are able to provide the nominee director services and bank account opening.

How much does it cost to register a company in Australia?

The engagement fee depends on the services you require from Fionza Consultants. Prior to each engagement, our team will fully understand your business needs and inform you of the exact services you require.

For example, you may not require nominee director services if you have a local business partner or family member. Alternatively, you may not require our bank account opening services if you already have a bank account with some banks.

Fionza Consultants’ fees include government fees such as business name reservation charges, company registration fees and tax registration costs.

Are there any hidden fees throughout the engagement?

Fionza Consultants believes in transparency between our firm and our international clients. All terms and conditions will be stated clearly within the appointment letter to ensure that there are no hidden fees.

Our engagement fees consist of the government fees for company formation. However, it does not include third-party fees such as notarization, translation or legalization.

How to register the business name in Australia?

To register a business name in Australia, you are required to provide Fionza Consultants the initial KYC documents such as proof of identity, details of business activities as well as the business structure.

Once the above information is attained, Fionza Consultants will check the availability of the chosen business name with ASIC (Australian Securities & Investments Commissions).

On average, the confirmation of business name will be received within 2 to 5 business days.

How long does it take to complete online company registration in Australia?

On average, the online company registration in Australia will be completed by Fionza Consultants within 5 days. This depends on the provision of all the documents required by the government and the method of payment used to register the business name (Credit card, Bank transfer, etc). If you are urgently looking for an Australian entity, Fionza Consultants can either provide you an Australian shelf company or express registration within 2 business days.

How do I proceed with Australia LLC or Pty Ltd registration?

LLC (Limited Liability Company) is a form of business structure wherein the owner is not liable for the debt and liabilities of the company. This can be public or private. In Australia, this is also known as Proprietary Limited (Pty Ltd) company.

Fionza Consultants has come up with a step-by-step guide on how to incorporate an Australian company.

What is the cost of registering a business name in Australia?

The cost of registering a business name in Australia depends on the chosen time-period. If the registration is made for one year then the cost is $37 and if it is for three years, then the cost is $87. However, if the business wishes to just reserve the business name for 2 months, they need to pay a fee of $51. Hence, the final amount may vary depending on the business needs.

Can I do business on a student visa in Australia?

Yes, you can do business on a student visa in Australia. However, on a student visa, you can work a maximum of 20 hours weekly during the term. Moreover, you must also meet your studying requirements so as to not violate the student visa requirement.

To establish any business, you must register through the Business Registration System to receive the ABN. Following this, the procedure differs depending on the choice of business structure. If you want to start a Limited Liability Company specifically, you must formally register the company through ASIC. However, for this, a local resident director is required.

How to register a company in Australia from India?

If you are a foreigner from India planning to register an Australian entity as the director and shareholder, you are required to appoint a local resident director as well as have a local office address. Fionza Consultants will provide the full-service package of company registration, corporate secretarial services and corporate bank account opening. In the event you decide to move to Australia to work, Fionza Consultants will assist with your visa application.

How to register a public company in Australia?

The steps are similar to that of registering a Pty Ltd in Australia. However, there are additional requirements to be met before registering a public company in Australia. You are required to appoint three directors, two of which must be locals. In addition, the financial statements of the business must be audited.

Register Company in Australia