Setting up an Australian Co.
Jul 8th 2004, 7:44 pm
#1
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Thread Starter
Joined: May 2004
Location: Termite Country (Tanah Merah)
Posts: 1,372
Setting up an Australian Co.
Greetings
We are heading to oz soon, I hope, as I am being sponsored by an Australian employer.. Under this visa, my wife is entitled to work for anyone but I have to work with this employer.
My wife wishes to set up an Australian Company, she would be the only employee and basically working as a consultant helping some European companies establish trading partners in Australia.
Anyone have any idea how we can set this Company up before we get there so we can hit the ground running?
TIA
Andrew
We are heading to oz soon, I hope, as I am being sponsored by an Australian employer.. Under this visa, my wife is entitled to work for anyone but I have to work with this employer.
My wife wishes to set up an Australian Company, she would be the only employee and basically working as a consultant helping some European companies establish trading partners in Australia.
Anyone have any idea how we can set this Company up before we get there so we can hit the ground running?
TIA
Andrew
Jul 8th 2004, 9:34 pm
#2
Banned
Joined: Mar 2003
Posts: 4,432
Re: Setting up an Australian Co.
Originally posted by andrew63
Greetings
We are heading to oz soon, I hope, as I am being sponsored by an Australian employer.. Under this visa, my wife is entitled to work for anyone but I have to work with this employer.
My wife wishes to set up an Australian Company, she would be the only employee and basically working as a consultant helping some European companies establish trading partners in Australia.
Anyone have any idea how we can set this Company up before we get there so we can hit the ground running?
TIA
Andrew
Greetings
We are heading to oz soon, I hope, as I am being sponsored by an Australian employer.. Under this visa, my wife is entitled to work for anyone but I have to work with this employer.
My wife wishes to set up an Australian Company, she would be the only employee and basically working as a consultant helping some European companies establish trading partners in Australia.
Anyone have any idea how we can set this Company up before we get there so we can hit the ground running?
TIA
Andrew
Maintaining a company involves reporting to ASIC (~$200 / yr) and to ATO (tax return).
Jul 8th 2004, 9:46 pm
#3
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Joined: Jun 2002
Location: Gold Coast- the best place in the world
Posts: 3,196
Setting up your own company out here is easy. Head to any solicitor and they will explain it to you and sort it out.
It cost around $1300 to set up as a proper business where you have an ACN and ABN ( Aus business number). These register you with the Aussie business register and Tax office. You choose a trading name, if it is available it is yours and then you are up and running.
Many businesses also set up a trust account which benefits you tax wise.
ACIS - Australian Company Incorporation Services is one of the companies they are available online.
It cost around $1300 to set up as a proper business where you have an ACN and ABN ( Aus business number). These register you with the Aussie business register and Tax office. You choose a trading name, if it is available it is yours and then you are up and running.
Many businesses also set up a trust account which benefits you tax wise.
ACIS - Australian Company Incorporation Services is one of the companies they are available online.
Jul 11th 2004, 12:28 pm
#4
I don't re Member
Thread Starter
Joined: May 2004
Location: Termite Country (Tanah Merah)
Posts: 1,372
Still need help
Thanks for the comments so far but can anyone else help me?
I would like to set up an oz co while I am still here. I have no problem purchasing an existing co. as tis is purely a way of channeling the funds we make.
Thanks
Andrew
I would like to set up an oz co while I am still here. I have no problem purchasing an existing co. as tis is purely a way of channeling the funds we make.
Thanks
Andrew
Jul 11th 2004, 12:37 pm
#5
Banned
Joined: Mar 2003
Posts: 4,432
Re: Still need help
Originally posted by andrew63
Thanks for the comments so far but can anyone else help me?
I would like to set up an oz co while I am still here. I have no problem purchasing an existing co. as tis is purely a way of channeling the funds we make.
Thanks
Andrew
Thanks for the comments so far but can anyone else help me?
I would like to set up an oz co while I am still here. I have no problem purchasing an existing co. as tis is purely a way of channeling the funds we make.
Thanks
Andrew
"shelf companies"
Jul 11th 2004, 1:02 pm
#6
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Joined: May 2002
Location: Offices in Melbourne, Brisbane, Perth, Geelong (Australia), and Southampton (UK)
Posts: 6,459
Re: Still need help
You will need an Aussie resident director when forming a new company, so you will need a nominee to act for you ... it might be worth having a chat with my Australian CA colleague John Griffiths via john - at - gmga - dot - com - dot - au, or +61 (0)7 3833 3999.
Best regards.
Best regards.
Originally posted by andrew63
Thanks for the comments so far but can anyone else help me?
I would like to set up an oz co while I am still here. I have no problem purchasing an existing co. as tis is purely a way of channeling the funds we make.
Thanks
Andrew
Thanks for the comments so far but can anyone else help me?
I would like to set up an oz co while I am still here. I have no problem purchasing an existing co. as tis is purely a way of channeling the funds we make.
Thanks
Andrew
Jul 11th 2004, 9:23 pm
#7
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Joined: Oct 2003
Location: Depends
Posts: 4,041
Just a thought why do you want to set up a company when it will only be your wife? Why not trade as a Sole Trader. You could set up the consultancy whilst you are in UK. You can also use telephone numbers which can be directed to any country in the world so you can start now and when you move you can have the phones redirected to your Australian number and then change them. If at a later stage and your accountant advises it set it up as a Ltd company. But whilst she is solo and until you get the income flowing in it may be better for you for you in tax instances. If you want to be a company couldn't you set up an offshore company for the time being. Personally I would start off as a sole trader trading as........until you get the ball rolling. You can do quite a bit of the groundwork whilst you are still in Europe to get the contacts blah blah blah...
Just a different thought.
Just a different thought.
Jul 11th 2004, 11:29 pm
#8
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Joined: Jun 2003
Location: Perth, Since Jan 05
Posts: 708
Originally posted by Mercedes
Just a thought why do you want to set up a company when it will only be your wife? Why not trade as a Sole Trader. You could set up the consultancy whilst you are in UK. You can also use telephone numbers which can be directed to any country in the world so you can start now and when you move you can have the phones redirected to your Australian number and then change them. If at a later stage and your accountant advises it set it up as a Ltd company. But whilst she is solo and until you get the income flowing in it may be better for you for you in tax instances. If you want to be a company couldn't you set up an offshore company for the time being. Personally I would start off as a sole trader trading as........until you get the ball rolling. You can do quite a bit of the groundwork whilst you are still in Europe to get the contacts blah blah blah...
Just a different thought.
Just a thought why do you want to set up a company when it will only be your wife? Why not trade as a Sole Trader. You could set up the consultancy whilst you are in UK. You can also use telephone numbers which can be directed to any country in the world so you can start now and when you move you can have the phones redirected to your Australian number and then change them. If at a later stage and your accountant advises it set it up as a Ltd company. But whilst she is solo and until you get the income flowing in it may be better for you for you in tax instances. If you want to be a company couldn't you set up an offshore company for the time being. Personally I would start off as a sole trader trading as........until you get the ball rolling. You can do quite a bit of the groundwork whilst you are still in Europe to get the contacts blah blah blah...
Just a different thought.
Do you have the names of companies which provide that international call forwarding feature? I have a company here selling software and I am wondering how I am going to be able to support the product when I am in OZ - this solution would be good for a while.
Cheers
Dave
Jul 12th 2004, 12:27 am
#9
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Joined: Oct 2003
Location: Depends
Posts: 4,041
Originally posted by darkless
Hi Merc
Do you have the names of companies which provide that international call forwarding feature? I have a company here selling software and I am wondering how I am going to be able to support the product when I am in OZ - this solution would be good for a while.
Cheers
Dave
Hi Merc
Do you have the names of companies which provide that international call forwarding feature? I have a company here selling software and I am wondering how I am going to be able to support the product when I am in OZ - this solution would be good for a while.
Cheers
Dave
http://www.callagenix.com/
We use an 0875 number it goes to my Uk collegues first and then to my Spanish landline second, you can also have it directed to mobiles.
The only negative is they give too much damn information on their website which can be a bit confusing. But the sales guys have been really helpful.
But I have found it useful as often I am overseas and no one usually knows where I actually am and I can change my contact number as long as I have internet connection to divert it. Hitoori was also good and if I was in another country I used to get a local simm card and get my calls diverted to it. It also has voicemail and you can get faxes sent so again you can look at them via the web. Saves you having a standalone and great if you are travelling. Also cheaper way than using mobiles.
If you don't like either do a google search for unified messaging and some others should come up. But these are the ones that I know and have used.
Hope it helps.
Jul 12th 2004, 2:25 pm
#10
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Joined: Jun 2003
Location: Perth, Since Jan 05
Posts: 708
Originally posted by Mercedes
One I used to use was Hitoori.com and they were quite good for a time. We now use
http://www.callagenix.com/
We use an 0875 number it goes to my Uk collegues first and then to my Spanish landline second, you can also have it directed to mobiles.
The only negative is they give too much damn information on their website which can be a bit confusing. But the sales guys have been really helpful.
But I have found it useful as often I am overseas and no one usually knows where I actually am and I can change my contact number as long as I have internet connection to divert it. Hitoori was also good and if I was in another country I used to get a local simm card and get my calls diverted to it. It also has voicemail and you can get faxes sent so again you can look at them via the web. Saves you having a standalone and great if you are travelling. Also cheaper way than using mobiles.
If you don't like either do a google search for unified messaging and some others should come up. But these are the ones that I know and have used.
Hope it helps.
One I used to use was Hitoori.com and they were quite good for a time. We now use
http://www.callagenix.com/
We use an 0875 number it goes to my Uk collegues first and then to my Spanish landline second, you can also have it directed to mobiles.
The only negative is they give too much damn information on their website which can be a bit confusing. But the sales guys have been really helpful.
But I have found it useful as often I am overseas and no one usually knows where I actually am and I can change my contact number as long as I have internet connection to divert it. Hitoori was also good and if I was in another country I used to get a local simm card and get my calls diverted to it. It also has voicemail and you can get faxes sent so again you can look at them via the web. Saves you having a standalone and great if you are travelling. Also cheaper way than using mobiles.
If you don't like either do a google search for unified messaging and some others should come up. But these are the ones that I know and have used.
Hope it helps.
Have a had a look and like what I see. I shall look into setting an account up in the next few weeks
Dave
