Expanding Your Business into Australia
Considering a business expansion into Australia?
This guide provides a roadmap for navigating the exciting possibilities and important considerations of entering the Australian market.
Choosing Your Presence:
- Light Presence: Ideal for online ventures or minimal local operations. Maintain your foreign business status and utilise services like:
- E-commerce fulfilment via Australian providers
- Local sales representatives
- Full Presence: Establish a strong local foothold with an Australian subsidiary company. This allows for:
- Direct invoicing of customers
- Employing local staff
- Access to a wider range of business opportunities
Key Considerations:
- Compliance: Australian laws and regulations govern everything from taxation to employment. Seeking guidance from Australian accountants ensures a smooth transition.
- Speed to Market: Striking a balance between swift entry and necessary legal and administrative processes is crucial.
- Cost-Effectiveness: Explore options like outsourcing specific tasks (HR, accounting) to minimise overhead.
- Taxation: Understanding Australian tax structures, including GST (Goods and Services Tax), is essential for financial planning.