|
picture 6
This information bought to you by business entry point in partnership with Federal, State and Territory Governments.
Business Entry Point
Coming from Overseas The federal government provides information for business people who want to migrate to Australia to start a small business, or employers who wish to employ migrants. Advice and assistance is also available for foreign investors who want to invest in Australia and foreign companies wishing to register in Australia.
Federal Government
Migrating to Australia
I am Thinking of Moving to Australia, who should I contact? The Department of Immigration & Multicultural and Indigenous Affairs provides advice on what you need to know and do if you want to migrate to Australia.
Australian Immigration Guide to Work Rights This page provides an overview of a number of permanent and temporary residence visas for employees and business people.
Business Skills Migration The Business Skills visa class of Australia's migration program encourages successful business people to settle permanently in Australia and develop businesses. Business owners, senior executives and investors are eligible to apply for a Business Skills visa. Business people may make an application for most Business Skills visas overseas or in Australia.
Business Visits to Australia This site sets out a number of options for people wanting to make business visits to Australia.
Employer Sponsored migration to Australia There are four categories for employer sponsored migration to Australia – Employer Nomination Scheme (ENS), Regional Sponsored Migration Scheme (RSMS), Labour Agreements (LA) and Invest Australia Support Skills (IASS).
Senior Executive This page has information on how to apply for a 4 year Senior Executive (Provisional) visa. If you have successfully operated a business in Australia for at least 2 years during this period you will be eligible to apply for a permanent Business Owner (Residence) visa (permanent residence).
Investing in Australia
Australia an Introduction for investors Invest Australia provides practical information for foreign investors on the legal, taxation and government policy aspects of investing in Australia.
Invest Australia Invest Australia can assist foreign corporations and individuals at all stages of an investment project. Invest Australia can provide your company with all the information needed to establish or expand a business in Australia
Registering a Foreign Company in Australia If a foreign company wishes to carry on business in Australia it must be registered under Part 5B.2 of the Corporations Act 2001. This ASIC site provides the definition of a foreign company and explains the registration and post-registration obligations, including:
• How to register as a foreign company Explains how to ensure that a name is available, reserve that name, complete the application for registration form, and assemble and lodge the appropriate documentation.
• Post-registration obligations Explains how to display the registered name and Australian Registered Body Number (ARBN), lodgement of financial statements, notification of changes and appointment of local agents.
• Relevant forms of notice, lodging fees and annexures Information on lodgement of various forms, annexures and fees
Registering a Business Name in Australia A business trades under its business name. Registration of that name is compulsory in every state and territory from which your business operates and must be completed before you start trading. It identifies the legal owners of the business. A common misunderstanding is that a registered business name provides some protection or ownership of that business name. This is not the case - a business name registration serves only to identify your business from other businesses in your State and Territory, it will not provide you with legal protection. In order to gain exclusive legal rights to your name throughout Australia, you will need to apply to register a trade mark.
Choosing a Business Name Choosing the right name is very important to your business. ASIC's Identical Names Check is a record of all company and business names registered in Australia, as well as some association names. You can search the Check, free of charge, to see if your proposed business name already exists. You should also ensure that your proposed business name does not infringe any trade mark by checking with IP Australia.
Displaying your Business and Company Name A company must display its name prominently at every place at which the company carries on business and that is open to the public. A public company must also display its name and the words "registered office" prominently at its registered office.
Once your business name is registered it must be placed on public display at every place you do business. The Business Registration Certification must be displayed in the principal place of business (the place where most of your business is conducted) where it can be easily seen.
Your business name must be printed or written exactly as it is registered - on every business letter, invoice, receipt, or other document used by your business.
Registering a Business Trademark A trademark is a letter, word, phrase, sound, smell, colour, shape, logo, picture, aspect of packaging, or any combination of these. It is used to distinguish your goods and services from the goods and services of other traders. You can search IP Australia's online databases for similar trade marks, basic trade mark details and an image of the trade mark if applicable.
Registering a Domain Name If you intend to trade online, registering your website address (domain name) should be an early step in implementing your business plan. The Department of Communication, Information Technology and the Arts' e-business guide provides information on getting a website name. Visit the .au Domain Administration Ltd website, www.auda.org.au, for links to registrars and resellers, to confirm current fees and options.
Taxation Implications of Starting a Business in Australia Companies registered under the Corporations Law and business entities carrying on an enterprise in Australia are entitled to an ABN. All businesses with an annual turnover of $50 000 or more must register for GST and will need an ABN to do this. Organisations with a lower annual turnover may choose to register.
Application or Enquiry for a Tax File Number – for Individuals Living Outside Australia Use this form to apply for or enquire about a tax file number for individuals living outside Australia.
Australian Business Register (ABR) The ABR is the central collection, storage and verification system for basic business identity information from all entities with an Australian Business Number (ABN). ABRpublic is an online database that contains the publicly available information provided by businesses when they register for an ABN. It is a convenient way for you to access a partial version of the ABR.
Goods and Services Tax (GST) Goods and services tax (GST) is a broad-based tax of 10 per cent on the sale of most goods and services and other things in Australia. You must register for GST if you are an entity carrying on an enterprise - if you are in business and not a hobby you probably meet this requirement, and your annual turnover is at or above the registration turnover threshold of $50,000 (or $100,000 for non-profit organisations). For more information see the ATO's Guide to GST for small business.
Residency The standards used by the Australian Taxation Office determine your residency status are not the same as those used by the Department of Immigration & Multicultural & Indigenous Affairs (DIMIA). Generally, the ATO considers you to be an Australian resident for tax purposes if you have: • always lived in Australia or you have come to Australia and live here, or • actually been in Australia for more than half of the financial year, unless your usual home is overseas and you do not intend to live in Australia.
What is the ABN? If you're in business you should register for an ABN. Your ABN is unique to your business and is important in your dealings with other businesses and government agencies. Find out whether you need an ABN and how it affects your business. You may also need to register for GST.
State and Territory Governments
South Australia
Business Migration The Immigration SA migration package contains a range of support programs to assist business skills migrants who consider South Australia as a migration destination and to provide business establishment support upon your arrival.
Starting Your Own Business The Centre for Innovation Business and Manufacturing (CIBM) provides an introduction to specific elements of operating a business which includes business fact sheets and associated material.
|