Incorporate company in Australia: Process

Ultimate guide on how to incorporate Australia company. Our team strives to provide our international clients a one-stop service of all services required to legally conduct business in Australia. Our incorporation package includes company incorporation, appointment of local director, tax registration and opening a local corporate bank account.

https://www.tetraconsultants.com/wp-content/uploads/2019/08/3ea19e226876e00c472708559ddbbc64.1q80fmjpgcropentropycstinysrgbw1080fitmaxixideyjhchbfawqiojm4otczfq.jpg

Contact Us

    How to incorporate company in Australia?

    Before you choose to incorporate company in Australia, Tetra Consultants advises you to read through this guide to fully understand the steps required for successful incorporation.

    Simply put, we can break down each engagement into four different phases:

    1. Planning & strategy
    2. Incorporation
    3. Bank account opening
    4. Staying compliant

    By systematically following the above three phases, you can expect to start conducting business with your Australia company within 5 weeks

    Planning & strategy

    • Depending on your business goals and activities, Tetra Consultants will recommend the most suitable business entity. Prior to incorporating Australia company, you will be advised on the optimum paid up share capital, corporate structure and whether there is a need to apply for any licenses.
    • Before Tetra Consultants incorporate the Australian company, we will provide you a company secretary, a local registered address, a local resident director and a local resident public officer. The role of the public officer will act as your representative to Australian Taxation Office and submit accurate financial statements and corporate tax return.

    Incorporation

    • Tetra Consultants legal team will draft articles of incorporation, business plan and other required legal documents for Australia company incorporation.
    • If you require Tetra Consultants to provide a local resident director, our legal team will prepare a legal agreement to be signed by all parties. This is to ensure you are well-protected and always in full control of the business. 
    • The appointed nominee director will have no decision-making power in your company. For transparency, Tetra Consultants will provide you the KYC documents of our nominee including passport copy and proof of address.
    • Thereafter, Tetra Consultants will proceed to register the company with Australian Business Register. On average, you can expect the company to be incorporated within 1 business day.
    • Once the company is successfully incorporated, Tetra Consultants will courier the Certificate of Incorporation, Memorandum & Articles of Association, Register of Directors and Register of Shareholders to your preferred addresses.

    Bank account opening

    • Tetra Consultants will contact multiple reputable international or Australian banks and present your business to each relationship manager and compliance team. 
    • In most cases, Australian banks will not require you to travel to Australia for the bank meeting. In the event this is required, our nominee director will visit the local bank branch on behalf of you.
    • On average, the corporate bank account will be opened within 4 weeks after Australia company incorporation. Tetra Consultants will courier the internet banking token and access codes to your preferred address. 

    Staying compliant

    • Within 6 weeks, you can expect Tetra Consultants to secure your newly-incorporated Australian company’s Australia Business Number (ABN) and Tax Filing Number (TFN).
    • You can be confident you are in the best hands when Tetra Consultants undertakes your Australia company’s accounting and tax services.
    • Tetra Consultants will timely prepare your firm’s financial statements, corporate tax returns and bookkeeping on your behalf. 
    • Some of the documents required are CV, highest academic qualifications, medical certificates, expected monthly income and job scope in Australia. Tetra Consultants will advise on the most suitable work visas as well as the expected timeline of each application.

    Contact us to find out more about how to incorporate a company in Australia.. Our team of experts will revert within the next 24 hours.

    Follow us on

    Address

    22 Sin Ming Lane #06-76 Midview City, Singapore 573969

    ©2010-2022 Tetra Global Consultants. All rights reserved.