stevensfamily

I would be really grateful if someone could advise on how to set up a Limited Company in Oz. If someone has done this did they use an agent or accoutant. We are looking to set up a company in Victoria, if anyone can offer advice I would be really grateful.

Thanks

Cheryl

SunshineGirl

I can help you. I set companies up in Australia and the UK all the time, it's quite straightforward. PM me if you want me to help.

(I lived in Germany for a few years too!)

laudami

Hi

I too would also like some advise if poss?as we also plan on setting up our company when we arrive in April-were heading to the Sunshine Coast. Were clsoing our ltd co here just before we go and plan on using the same name and web address etc when we arrive in OZ. Do they offer advice etc like the chamber of commerce do here?
thnx

stevensfamily

Can you tell me are the rules and regs the same or simular to UK? I know thats a huge question but an overview reply would suffice at this stage of the game. We would obviously pay for detailed advice.

Cheryl

SunshineGirl

Yes, they are basically the same, though with different nuances or names etc. I'm an accountant and I work for both Australian and UK companies (have done for a few years) and I can honestly say that if you understand one country's 'regime' (for want of a better word!) then you'll understand the other's. What differences there are, are easily understood.

Have sent you a pm.

Alan Collett

Hello Cheryl.

I am in VIC and am a UK and Australian qualified CA. You are welcome to send me an email if you would like details on how I might assist.

You should be aware that the use of family trusts allied to a proprietary limited company is commonplace in Australia as a means of reducing the overall burden of taxation.

There are also some free tax factsheets available here:
http://www.collettandco.com/factsheet.cfm

Best regards.

fly2hi

http://www.business.gov.au/Business+...ur+company.htm

deryans

I ran a Ltd Co in the UK from 92 to 99 (primarily for financial limited liability and PI), easy, simple and straightforward.

I have an Aussie ABN and run a ltd co for the same reason, (certain clients won't deal with a person, and require PI, liabilty insurance and so forth).

The Australian Corporate/Personal Tax policy is without a doubt the most complex and over legislated piece of nonsense I have ever come across.

It's a joke.

take the question on a Quarterly BAS statement on varying your sales ? Why oh why does the taxman need to know that my sales vary up and down each quarter and why do I have to fill in a reason code that my sales vary with each client and season ?

pointless stuff

Alan Collett

Do you pay company income tax instalments with each BAS?

If not, are you sure you have to complete this question?

Best regards.