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Highlights
22nd Jul 2021

Grow Your Business CLEVVERly

14th Jul 2021

Register a Company in Australia from Your Home

05th Jul 2021

Fully Remote Company Formation in Dubai, the UAE

14th Jul 2021

Register a Company in Australia from Your Home

-REMOTE INCORPORATION WITH CLEVVER-

Overview: 

  • Australia has a reputation as an economically and politically advanced country with a high standard of living and GDP growth; 
  • A country is a reliable place for trade and investment as it has strong business ties with the United States, China, Japan, India, and Korea;
  • Australia has free trade agreements with ASEAN, Chile, New Zealand, and the United States; 
  • The Australian Stock Exchange in Sydney is the largest stock exchange in Australia and the South Pacific; 
  • The country has signed over 40 double taxation treaties with other states; 
  • There are no currency controls in Australia;
  • Clevver provides remote Pty LTD. company registration in Australia. The documentation on incorporation is accessible digitally. 

One of the most developed countries in the world, Australia has a stable economy, high standards of living, and a distinguished human development index. All these factors greatly attract foreign entrepreneurs who would like to expand their business in this country. 

Australia is a huge continental state with a vast market of services. The most popular of them are financial and medical services. 

The Australian government supports business structures as much as possible, introducing various types of funding, grant programs, and activities that help entrepreneurs to successfully develop. 

Clevver specialists know how to register a company in Australia, take care of all organizational issues and provide a full package of documents upon completion of the work. No personal presence is required to open a business in the jurisdiction — with Clevver, you can form a company remotely and get all the necessary legal papers digitally.  

If you firmly decided to open a company in Australia, Clevver will ensure the online registration procedure in the shortest possible time. Learn more about starting a business in Australia with us here

Taxation in Australia 

It’s vital to know that resident and non-resident companies in Australia are taxed differently. 

  • Corporate Income Tax 

On the Australian Taxation Office (ATO) website, the standard rate of corporate income tax in Australia is 30%. A reduced rate is allowed if the company’s annual turnover is less than 50 million Australian dollars (about 35 million U.S. dollars). Companies that are resident in Australia pay corporate tax on profits from worldwide sources. Profits of non-resident companies in Australia are taxable only if they were made in Australia and from sources within Australia. 

  • Tax on dividends 

Dividends distributed to non-resident Australian shareholders are taxed at 0% if the company has previously fulfilled its tax obligations in full. 

  • Capital Gains Tax 

Capital Gains Tax (CGT) in Australia is payable but is not paid separately. It is included in the amount of income tax. Although you do not have to pay a separate tax, you are required to report capital gains and losses on your tax return.  

  • VAT 

Value-added tax in Australia is called the Goods & Sales Tax (GST). The GST is a general tax of 10% on most goods, services, and other taxable items sold or consumed in Australia. 

All companies in Australia are required to prepare and submit an annual tax return. The reporting period in Australia generally begins on July 1 and ends on June 30, unless otherwise agreed by the parties with the approval of the ATO. 

Incorporation in Australia with Clevver 

Australia is recognized as one of the countries which economy has consistently shown impressive positive development dynamics. Company registration in Australia offers a safe business environment, well-developed legislation, as well as the possibility to receive substantial entrepreneurial support from the government. 

Form your Australian business easily, quickly, and digitally — reach out to the professional legal experts of Clevver. We will always give you the help you need. 

CHOOSE CLEVVER TO OBTAIN: 

  • Support from legal experts in Australian company registration;    
  • Online incorporation procedure;     
  • A complete set of documentation on the company formation in a digital format;     
  • Opportunity to receive numerous extra to business incorporation services in Australia (the registered addresses in 4 major cities of Australia (Brisbane, Melbourne, Perth, Sydney), mail-handling service, and a local phone number);   
  • Steadfast customer support and individual approach to each client. 

Final Thoughts 

With Clevver, you can start your business in Australia remotely, your presence is not required. We are ready to provide you with the necessary consulting and accompanying services at all stages of company establishment. For more information, contact us now. 

Company registration in Australia provides access to the markets of a country with a developed economy and attractive conditions for doing business. The Australian Government's careful attitude to entrepreneurs and various support programs create the necessary foundation on which any successful business is built. 

DISCLOSURE NOTICE: Any legal or tax advice in this communication (including any attachments) is for information purposes only and not intended to be used, and cannot be used against Clevver or its Sender. The Sender is neither an Accountant nor a Lawyer and cannot be made liable. Please, contact your tax account or ClevverLegalServices LLP for individual consultation.