Company registration in Australia
Registering a company in Australia is easy if you know the process and local laws. Our team of CA & CPAs will take care of end to end process, you can rely on our team of experts to provide you with a seamless experience throughout the entire process of business setup in Australia.
We include everything you will require to do business in Australia.
- Name Reservation
- Company registration with the Australian Company Registry (ASIC)
- Australian nominee director & Local company secretary
- Registered address
- Bank account opening corporate and personal
- (ABN) Australian Business Number and Tax File Number (TFN)
- Annual accounting services and Tax registration
Process and timeline
- Once we receive the complete documents our team of experts will do the due diligence and will search for the availability of your preferred company name in the Australian Company Registry.
- You not need to travel to Australia this whole process can be done online. YKG Corp team will apply with the ABR after receiving the incorporation certificate.
- After the registration with the ABR, you will get all the legal documents with a certificate of incorporation, MOA, and register of directors and shareholders. The certificate of incorporation will have details such as company name, company number, and registered address.
- Within 30 days YKG Corp will assist you in opening a bank account with an international bank or local bank in Australia. We will provide you with all the required bank account opening forms and drafts, there will be online KYC for the shareholders.
Types of companies in Australia
- Proprietary Limited Company (Pty Ltd): Pty Ltd is a legal business entity it should have at least one shareholder and a maximum of 50 shareholders. This is the most common type for small to medium-sized businesses.
- A public company: or Ltd, has unlimited potential for the number of shareholders. It may sell its shares to the public, and thereby anyone can invest in it. Due to this fact, a public company will need to consider more strict regulations in order to enable better transparency and protection for the investor.
- Sole Trader: A business owned and operated by one person is very easy to establish and operate, the owner accepts personal liability concerning all debts and losses, and income is also assessed as personal income.
- Branch Office: A branch office is an extension of an overseas company operating in Australia, the liabilities of the branch are assumed by the foreign company as the business expands into Australia. A branch office has to be registered with ASIC and comply with various laws prevailing in Australia.
- Representative Office: A foreign company opens a representative office for the conduct of non-trading activities in Australia, like market research or promoting the parent company. No revenues can be earned, and no business can be conducted.
Benefits of Opening a Company in Australia
- Strong economy
- Growth opportunities
- Diversified Industries
- Competitive Company Tax Rate:
- Tax Incentives
- Double Taxation Agreements
- Investor-Friendly Environment
- Efficient bureaucracy
- High Quality of Life
- Globally Connected
- Easy strategic location
- Trade agreements
- Strong international relationships
How YKG Global will assist you in Company Registration in Australia
- End-to-end assistance: With YKG Global, you will get assistance from expert Chartered Accountants (CA) and Certified Practicing Accountants (CPA) who understand Australian corporate laws and regulations. We handle the complete registration process and post-registration compliance with bank account support.
- Online Process: You can register your company in Australia remotely and there is no need to visit Australia. At YKG Global, our team in Australia will handle the entire process, from due diligence and name reservation to obtaining incorporation certificates, tax registrations, and corporate bank accounts.
- Fast & Transparent Timelines: Once all documents are received, our team will conduct due diligence and reserve your preferred company name. after the company incorporation, our team will provide you with ABN registration complete documents certificate of incorporation, and other key documents.
We will assist you in opening your bank account within 30 days of incorporation, providing you with all required forms and support for KYC (KnowYour Customer) processes.
- Customized Solutions according to Business Activities: YKG Global advises you to choose the best company structure that suits your business needs, whether it is a Proprietary Limited (Pty Ltd) company, public company, sole trader, branch office, or representative office. Our expert will advise you through the legal and operational implications of each type.
- Over Four Decades of Expertise: With over 40 years of experience and a global presence in more than 40 countries, YKG Global has a very good understanding of Australian business registration and compliance.
- Global Connectivity and Strong Relationships: Our team has very strong relationships with banks and regulatory authorities enabling us to smoothen your entry into the Australian market.
YKG Global will make your company registration in Australia a simple and hassle-free process.
