Foreign businesses have the possibility to open a representative office in Australia. Also known as a liaison office, this is a type of business establishment that is created for non-commercial purposes only. In other words, it can be set up by companies for various purposes, as defined by the law,…
A foundation is a type of entity that is included in the not-for-profit types of structures. Therefore, if you want to set up a foundation in Australia, you will need to observe the rules and regulations prescribed for these entities. As a general rule, the registration of a foundation will…
A joint stock company in Australia refers to a company that can be listed on the stock exchange. In Australia, the joint stock company is known as public company limited by shares. This company type is suitable for large companies that can be listed, and in which investors are allowed…
A company secretary in Australia is a person that is qualified to complete certain managerial tasks that are necessary for any legal entity. The company secretary is required for most company types that can be registered here. The role of a company secretary in Australia can vary depending on the…
Payroll in Australia refers to all the procedures, rules and regulations concerning the payment of salaries of persons who work in Australia, regardless if they are citizens of the country, temporary residents or permanent residents. Investors who will start the procedure for company formation in Australia will, inevitably, have to…
There are many ways to open a company in Australia. Generally speaking, there are 2 main types of structures: 1) entities with legal personality, 2) entities without a legal personality. One of the entities without a legal personality is the sole proprietorship in Australia, which defines a business that is…
Initial coin offering (ICO) is a method through which a company raises capital by issuing tokens, that will be sold to various types of investors and who will obtain, in return, specific benefits for the purchase. ICO in Australia is a legal way to raise capital, and this has to…