Country: Australia
Capital: Canberra
Long Name: Commonwealth of Australia
Currency: Australian dollar
Time Zones: GMT +11 
Total Time Zones: 8 (with dependencies)
Dial Code: +61
Abbreviations: AU, AUS

Tax Rates in Australia

Corporation Tax in Australia: Federal tax rate of 30% on their taxable income, except for ‘small business’ companies, which are subject to a reduced tax rate of 27.5%

Income Tax in Australia: Top marginal rate of income tax rate can be 0%, 19%, 32.5%, 37% or 45%

VAT Tax in Australia: 10%

What we can do for your Australian Company

  • We do all paperwork on forming the company in Australia
  • Formation in Australia is completely remote
  • Can act as Secretary or Treasury in Australia
  • Provide an Australian nominee Director/Shareholder
  • Assist with opening a bank account in Australia
  • Registration for Australian Taxes, VAT & EORI
  • Develop a website for your business
  • Create a logo of your brand

How we can assist you further in Australia

  • Provide with full company administration services in Australia
  • Arrange an Australian mailing address for your business
  • Arrange an Australian virtual office for your company
  • Telephone answering service
  • Book keeping, audit & reporting
  • Preparing and submitting VAT return to an Australian tax authority
  • Dealing with an Australian local authority
  • Trademark registration in Australia

Australia Company Formation. Proprietary Company

Main Characteristics and the basic rules of Company registration in Australiia

Australia Offshore Company Formation

Do you have a plan to take your business to a country with track record of steady economic growth and a business-friendly socio-political environment? If the answer is yes, Australia is an ideal choice. It offers unmatched economic resilience, stable political scene and low-risk environment- which are ideal for any business. Which other country has the track record of steady annual economic growth compassing 2 decades!  No wonder, more and more investors are getting onto Australian shores with each passing year. However, setting up an offshore company in Australia is not easy. There are tons of paper works involved and which is why you need to opt for our Australia Company Formation service.

Before taking your venture to any foreign country, you have to think of the economic growth and stability of the country. In this regard, Australia is way ahead of other countries. The Australian economy is characterized by its unmatched adaptability to changes in global economy and strong institutions. It is in fact, the 13th largest economy of the world. The leading global rating agencies have rated it as AAA.

Australia is suitable for nearly any kind of business venture expansion. Its services-based economy is ideal for ventures belonging to sectors like healthcare, wealth management, tourism, education, mining and many more. The agricultural commodity production is also superb.

When you take your business for expansion in foreign shores, availability of labor is a concern. As the venture want you want both skilled and affordable workforce- beyond doubt. Thankfully, labor force is not going to be a factor when you choose Australia for business expansion. The multilingual skills and education of level of labor force here will suit your business requirements. The culturally diverse workforce is an USP of Australia from business expansion perspective.

Business expansion and growth on any foreign territory depends to a large extent on stability of government and political scene. In this regard, Australia is among top contenders for venture owners from abroad. The robust regulatory system with strong banking regulations and stable institutional frameworks eliminate risks of unexpected economic upheavals. You will be able to get office space and other required stuffs at affordable rates-so initial investments will not be steep. Its trade agreement laws make things smooth for venture owners.

However, you will require some assistance while setting up business in Australia. To ensure you stay clear on legal issues pertaining to business expansion in Australia and learn other formalities, expert assistance and Australia Company Formation consultancy is required. In this regard, BRIS group is your ideal choice. We will make your business expansion to Australia hassle free. So, for all your Australia Company Formation requirements, get in touch with us for details.

Australia Company Formation

Financial Advantages

Taxation: Yes. Since 1 July 2016, small business entities with an annual turnover less than $10 million  – 27.5%.
Double Taxation Treaty Access: Yes, Australia has tax treaties with other countries to foster cooperation between Australia and other international tax authorities.
Australia Tax Information Exchange Agreements: Yes, Australia signed Exchange Agreements
Account Filing Requirements: Yes accounting / reporting requirements
Annual Return Filing Requirements: No annual return/ reporting requirements
Audit Requirements: No audit required.

Australia Company Registration

Registration Requirements

Share Capital: No min. share capital
Classes of Share Available for Australia company formation: Shares with or without voting rights, redeemable shares, registered shares, preference shares, shares of no par value
Bearer Shares: Not Allowed
Registered Office Required: Yes, required and must be maintained in Australia
Shareholders: Minimum number is one
Directors: Minimum number is one. Can be any nationality but at least 1 must be resident of Australia. Corporate directors are not allowed
Your Company language: English
Name of your Company must be ended: “Proprietary Companies Limited by Shares Unlimited with Share Capital “
Documents required for Canada company formation: A certified copy of your passport or ID and proof of your residential address dated less than 3 months.

Australia Company Formation


For Australia company formation you cannot use words in your company names without justification: “Bank”, “Trustee Company”, “Assurance”, “Building Society”, ”Trust Company”, “Royal” etc.
Restrictions on Trading: None
Not permitted without a licence: Fund management, insurance, Banking, reinsurance, assurance, trust management, collective investment schemes, trusteeship business provision.

Australia Company Formation

Confidentiality and Security

Publicly Accessible Records: Yes, accessible.
Nominee Shareholders and Nominee Directors: Yes, Allowed
Disclosure of Beneficial Ownership to Authorities No
Meetings of Directors and Shareholders to be held: Anywhere
Stability: Stable jurisdiction and great reputation.

About Australia

Australia Company Formation
Capital city: Canberra
Region: Australia is a country and continent surrounded by the Indian and Pacific oceans. Its major cities – Sydney, Brisbane, Melbourne, Perth, Adelaide – are coastal. Its capital, Canberra, is inland.
Political System: A constitutional monarchy is one where the powers of the monarch or sovereign—the King or Queen—are limited by law or convention, and generally exercised only according to the advice of an elected government.
Government: Constitutional Monarchy
Governing corporate legislation: Corporations Act 2001
Type of Law: Common
Currency: Australian Dollar (CAD)
Exchange Control: None.
Language of Legislation and Corporate Documents: English.
Time Zone: GMT +11 .

Australia Company Formation – Benefits

  • Limited liability for the shareholders.
  • The imputation tax system ensures that if the company has paid tax, then the shareholders will get a credit for that tax paid.
  • The company structure provides an opportunity to employ the principals.
  • Under the Corporations Act 2001 there is greater flexibility in cancelling shares or reducing the paid-up capital of companies.
  • Asset ownership can be transferred in certain circumstances, through a company structure without significant stamp duty costs.
  • Companies offer some ability to “split” income among family members, this can be done by either employing family members of issuing difference classes of shares.

Our team of consultants are on hand to find out about your specific requirements and take you through the process from start to finish.


How do you incorporate a company in Australia?

  1. You need to decide what kind of a company suits your needs. In Australia you can register different types of companies: not for profit or charitable organisations; registrable Australian bodies, or special purpose companies.
  2. Chose a Company Name. Check name availability search
  3. Decide how your company will be governed: replaceable rules; its own constitution, or a combination of both.
  4. If you’re a director of a company, you must follow the requirements in the Corporations Act.
  5. Get written consent from the people: Director  (At least 1 director must be local); Secretary; Member (every company must have at least one member). Get the consent of the owner of your Australian registered office address.
  6. Lodge a paper form directly with ASIC or Contact us – private company formation service provider.

What is a Pty Ltd company in Australia means?

Pty Ltd is a Proprietary Limited Company.

Proprietary means the company is privately held

Limited means limited by the amount of shares.

Is a Pty Ltd company a corporation in Australia or not?

Proprietary limited according to an Australian law, is a limited company ‘Pty Ltd‘.

The company must have at least one shareholder (there can be up to 50),

The liability of shareholders is limited to the value of shares.

How long Australian company registrations takes?

The company registration in Australia takes few minutes by on-line registration.

Does the Australian incorpotated entity has any Australian Company Numbers

Every company in Australia is issued with a unique, nine-digit number when registered.

An Australian Company Number (ACN) and must be displayed on all company documents: receipts (which are not machine-produced), statements of account, including invoices, business letterheads, orders for goods and services, cheques, promissory notes and bills of exchange, official company notices, written advertisements making a specific offer.

Does the Company registered in Australia must have a common seal?

It’s not compulsory for a company to have a common seal the company may make contracts and execute documents without using a seal.

However the company may have a common seal and use it to execute documents under its constitution.

Do I need a local director to incorporate Australian Company?

Yes, at least one local director is compulsory for a company registration which we can provide you with.

What is the website for Australian company register search?

You can search the company name availability or any existed companies in the ASIC website is

Can I register an offshore company in Australia.

No, you cannot register an Australian offshore company as Australia is not an offshore zone.

What is the corporate tax rate in Australia?

The company tax rate is 30% and has been reduced from 30% to 28.5%  after 1 July 2015. The lower rate  applies to small businesses.

Since 1 July 2016, small business entities with aggregated annual turnover of less than $10 million have had a reduced company tax rate of 27.5%.

This publication is provided for information purposes only. This info should not be treated as a substitute for a tax or legal consultation or legislation. You should not act on the basis of the information contained in this publication without having obtained individual advice from the professional expert.
BRIS GROUP does not assume responsibility for any damage resulting from decisions made by the reader on the basis of this publication.