Home FAQ Corporate Service Other Jurisdictions Common FAQ for Foreign Companies Establishment of A Company in Australia
Common FAQ for Foreign Companies Establishment of A Company in Australia
Q: |
How long will it take to establish a company in Australia? |
A: |
About one to three weeks.
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Q: |
Is there any restriction on the nationality of shareholder or director for an Australia company? |
A: |
There is no particular requirement for the nationality of a shareholder, but at least one director shall be the person in the nationality of Australia. |
Q: |
What things shall be aware of as the application of bank account in Australia? |
A: |
If the nationality of director is outside of the territory of Australia, such director shall prepare the passport with the valid period in 2 years at least. Besides, another local director shall be present at the bank to proceed the application as well. |
Q: |
Is there any minimum amount of capital for establishment of a company in Australia? |
A: |
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Q: |
Is it necessary for an Australia company to hold a shareholder meeting regularly? |
A: |
Holding a shareholder meeting is not compulsory, but the shareholder shall submit a resolution or a minute of shareholder meeting regarding to the unnecessity to hold the shareholder meeting to the government. |