Business in Australia

The state of Australia is located in the Southern Hemisphere on the continent of the same name, and the country is also located on the territory of a number of small and medium-sized islands in the Indian and Pacific Oceans. The Commonwealth of Australia currently ranks sixth in the ranking of countries with the highest GDP per capita.

Advantages

The Australian Government actively supports small and medium businesses. Thus, the country creates favorable conditions for attracting investors from all over the world. In Australia, it is allowed to open a limited liability company - Limited liability - Ltd. public limited company. The owners can be residents of any country: both individuals and legal entities. Moreover, the number of shareholders is unlimited.

When opening companies in Australia, the following features must be considered:

To form an offshore limited company, three directors are required, two of whom must be residents of Australia.
You can register a company within 7 days.
No tax is levied on the founding capital.
The authorized capital does not have to be paid with liquid funds.
All activities are permitted, except those that are contrary to the public interest of Australia.

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