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Australia Offshore Company Formation

Australia, officially the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. Australia is the largest country by area in Oceania and the world’s sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a megadiverse country, and its size gives it a wide variety of landscapes and climates, with deserts in the centre, tropical rainforests in the north-east, tropical savannas in the north, and mountain ranges in the south-east.

Country: Australia
Population: Approximately 27,000,000
Capital: Canberra
Currency: Australian Dollar

Australia Offshore Company Formation £6200.00 + Vat
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Services Included Year 1 Year 2 onwards
Incorporation N/A
Corporate Structuring NIL
Government Fee AUD 506.00 annually
Corporate Domicile £3,138.00 annually
Accounting Data Address Optional Extra
Director and Nominee Service Optional Extra Optional Extra
Estimated renewal costs in year two: £3,400.00.

All prices quoted are exclusive of VAT.

Details of Limited Proprietary Company (PTY Limited) in Australia

  • Can have one or more subscribers and thereafter multiple shareholders.
  • Can have one or more directors.
  • Directors can be corporate or individual.
  • One Local Public Officer is Required (included with the package).
  • No Minimum Prescribed Share Capital Payment other than AUD$1.00.
  • Accounts and Tax Returns are required to be filed on an on-going basis.

Requirements to Form a Limited Proprietary Company (PTY Limited) in Australia

In order to incorporate your PTY Limited Company, these are the steps that must be followed;

  • Place your order – You need to use a Company Formation Agent to submit the necessary documentation to the Registry on your behalf. Payment needs to be made to the Registry on submission of the registration documents so our fee must be paid when the order is placed.
  • Meet the Anti Money Laundering Requirements – In order to meet Anti Money Laundering Requirements we need to obtain a certified copy of the passport and current utility bill of each of the owners and shareholders. This is required even if you are using our Nominee Service.
  • Documents are issued to you – Once the Registry has incorporated the company, we will issue you with the Certificate of Incorporation, Articles of Incorporation, Shareholder Certificates and all other company documents as required by Law. These documents can then be used to open a bank account for the company.

Please note that information given on this page is subject to change at any time without notice as a consequence of changes made in local legislation.

Banks:

A member of our banking team will be able to advise on a suitable offshore bank account for a Mauritius formation.

N.B. Banking does not have to be in the jurisdiction of incorporation and this cost can be reduced substantially by our placing of offshore banking in other overseas jurisdictions.

Turner Little and its affiliates do not provide tax, legal or accounting advice. Material on this page has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.