Business Setup and Registration services in Australia
Starting a new business has always been a challenging endeavor, especially for those diving for the first time into any type of business registration process in Australia. With our easy and online business registration services, the process becomes seamless and efficient. TaxAdvisorsGroup offers company registration services in Australia for both local entrepreneurs and foreigners seeking to invest or set up new company in the country. We provide business assistance to businesses of all sizes, ranging from local online trust registration to business setup to multinational corporations. Our services include guiding you through regulatory compliance with the most appropriate options, ensuring the effortless and smooth registration of your new company.
Have you decided to kickstart your business journey in Australia? Or are you looking for bookkeeping, payroll, tax return and GST return services? Partner with us to ensure a hassle-free launch for your business!
Business Setup and Registration Services in Australia
PRE-REGISTRATION SUPPORT
Receive professional advice in selecting the optimal business structure
Selecting a Unique Company Name
AUSTRALIAN COMPANY REGISTRATION
Effortless Registration of Your Company Name with ASIC
Help with Obtaining ABN, TFN, GST, and PAYG Registrations for Commencing Trade
Assist you in securing your website domain name
- Help you set up a local bank account
POST-REGISTRATION ASSISTANCE
Support for Amending Company Details (Officeholder Info, Share Capital, Registered Office Address, and Company Name)
Timely Filling of Tax Obligation with ATO
Preparation of Required Financial Statements
- Ongoing Compliance Assistance for Various Reporting Requirements
In every step, we’re here to make your business journey smoother and more manageable.
We’ve got the know-how and the tools to get you off the ground smoothly and on the right track. Let’s kickstart your journey together.
Procedure for Australia Company Registeration
Select a business name
The first step begins with the company name; conduct a name search to ensure its availability. If you encounter difficulties, we are here to assist in finding the perfect name for your business—one that will linger in people’s minds for a long time.
Appoint Director
To register your company in Australia, you need to appoint at least one director. For a public company, a minimum of two directors are required.
Get the Australian Business Number (ABN)
ABN registration is another compulsory requirement you need to fulfil when registering your business in Australia.
Register for Tax
If you are eligible, you will also have to register for taxes, such as PAYG withholding and fringe benefits tax.
Varieties of Business Entities for Registering a Company in Australia
There are various types of business entities that can easily be registered in Australia. Here are some of the entities you can register in Australia:
- Australian Public Company
- Partnership Registration
- Australian Trust Set up
- Proprietary Limited Company
Fees and taxes for registering a company in Australia.
Throughout your business registration process, you can register to apply for the relevant taxes that will apply, such as fringe benefits, PAYG withholding or Goods and Services Tax (GST). It is in your best interest to be very clear about the kind of business you will be running because, as a result, the taxes will pertain. As for GST Tax, if your company does not reach the special annual turnover threshold, you will likely not have to worry about that.
There may be some additional costs for company registration, including legal fees for drafting the constitution or fees for a company name search if you opt for professional assistance in the registration process.
FAQ’s
Is it possible for international companies to open a bank account in Australia?
Opening a corporate bank account in Australia for foreign companies is contingent upon establishing a local presence.
What is the process for verifying the legal registration of a company in Australia?
To verify the legal registration of a company in Australia, consult the ASIC website or the Australian Government ABN Lookup website to search for registered organizations and business names.
What is the process for setting up a business bank account in Australia?
Before a company can open a bank account, it needs three essential documents:
- Certificate of Registration for the company
- Australian Business Number (ABN)
- Proof of Identity Documentation