If you are not an Australian citizen or a permanent resident, you will need to apply for the right visa in order to set up a business in Australia. You will also need to know the legal and government requirements for each state. The Australian Government website has the most relevant and up to date information about this.
Most of the steps to set up a business in Australia need to be done once you have visited a branch and had your ID checked. However, if you want to get ahead, we have information to help you set up a business, along with tools and articles to help you get started.
Are you ready to turn your business idea into reality? Here's some information to help you get started.
Starting your own business is one of the most exciting things you can do. Doing these five things beforehand can help ensure you're prepared for launch.
Registering your trading name is an important first step in launching your business idea.
Making sure you get the structure right for your new business is a pivotal step in bringing your dream to life.
As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on the advice, consider its appropriateness to your circumstances.
Taxation considerations are general and based on present taxation laws and may be subject to change. You should seek independent, professional tax advice before making any decision based on this information. Commonwealth Bank is also not a registered tax (financial) adviser under the Tax Agent Services Act 2009 and you should seek tax advice from a registered tax agent or a registered tax (financial) adviser if you intend to rely on this information to satisfy the liabilities or obligations or claim entitlements that arise, or could arise, under a taxation law