{"id":29638,"date":"2019-07-29T09:28:46","date_gmt":"2019-07-29T01:28:46","guid":{"rendered":"https:\/\/zegal.com\/?p=29638"},"modified":"2023-07-31T14:43:25","modified_gmt":"2023-07-31T06:43:25","slug":"how-to-set-up-business-as-a-foreigner-in-australia","status":"publish","type":"post","link":"https:\/\/zegal.com\/en-au\/blog\/post\/how-to-set-up-business-as-a-foreigner-in-australia\/","title":{"rendered":"How to Start a Business in Australia as a Foreigner"},"content":{"rendered":"<p id=\"E145\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-40811 \" src=\"https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/laura-cros-xLvkzpsKIms-unsplash-min-320x213.jpg\" alt=\"\" width=\"640\" height=\"426\" srcset=\"https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/laura-cros-xLvkzpsKIms-unsplash-min-320x213.jpg 320w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/laura-cros-xLvkzpsKIms-unsplash-min-1280x853.jpg 1280w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/laura-cros-xLvkzpsKIms-unsplash-min-768x512.jpg 768w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/laura-cros-xLvkzpsKIms-unsplash-min-1536x1024.jpg 1536w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/laura-cros-xLvkzpsKIms-unsplash-min-2048x1365.jpg 2048w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/laura-cros-xLvkzpsKIms-unsplash-min-640x427.jpg 640w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/laura-cros-xLvkzpsKIms-unsplash-min-1024x683.jpg 1024w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/laura-cros-xLvkzpsKIms-unsplash-min-1200x800.jpg 1200w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/laura-cros-xLvkzpsKIms-unsplash-min-1920x1280.jpg 1920w\" sizes=\"auto, (max-width: 639px) 98vw, (max-width: 1199px) 64vw, 640px\" \/><\/p>\n<h4>How To Set Up A Business As a Foreigner In Australia<\/h4>\n<p id=\"E148\"><span id=\"E149\" class=\"qowt-font7-Arial\">As one of the larger economies in the world with a large middle and upper-middle class citizenship, Australia has always been an attractive market for business expansions. There are also other considerations that help make it even more attractive. These include the strong trade agreements between Latin America and Australia, the vibrancy of its natural resources and mining sector<\/span><span id=\"E150\" class=\"qowt-font7-Arial\">s, and <span id=\"E149\" class=\"qowt-font7-Arial\">the shaky political and economic climates of countries such as USA, UK, and China.<\/span><\/span><\/p>\n<p id=\"E153\"><span id=\"E154\" class=\"qowt-font7-Arial\">Aside from the above, a vital consideration for foreign entrepreneurs is <\/span><span id=\"E155\" class=\"qowt-font7-Arial\">Australia\u2019s <\/span><span id=\"E156\" class=\"qowt-font7-Arial\">ease of market entry. <\/span><\/p>\n<p><span id=\"E156\" class=\"qowt-font7-Arial\">Here&#8217;s a brief introduction to how foreign entrepreneurs could set up their businesses Down Under:<\/span><\/p>\n<p><a href=\"https:\/\/zegal.com\/blog\/post\/the-hong-kong-australia-free-trade-pact-outcomes\/\">READ MORE: Hong Kong Australia Free Trade Pact Outcomes<\/a><\/p>\n<h4 id=\"E160\"><span id=\"E161\" class=\"qowt-font7-Arial\">Deciding On Your Business Structure <\/span><\/h4>\n<p id=\"E163\"><span id=\"E164\" class=\"qowt-font7-Arial\">Naturally, the first step is deciding how your business is to be set up: <\/span><\/p>\n<p id=\"E166\" class=\"qowt-li-0_0 qowt-list qowt-stl-ListParagraph\"><span id=\"E167\" class=\"qowt-font7-Arial\"><strong>Sole trader:<\/strong> an individual trading in his own name; <\/span><\/p>\n<p id=\"E169\" class=\"qowt-li-0_0 qowt-list qowt-stl-ListParagraph\"><span id=\"E170\" class=\"qowt-font7-Arial\"><strong>Partnership:<\/strong> an association of people or entities conducting a business <\/span><span id=\"E171\" class=\"qowt-font7-Arial\">together (not as a company); <\/span><\/p>\n<p id=\"E173\" class=\"qowt-li-0_0 qowt-list qowt-stl-ListParagraph\"><span id=\"E174\" class=\"qowt-font7-Arial\"><strong>Trust:<\/strong> an entity standing as a fiduciary entity holding property or income for the benefit of its trustees; <\/span><\/p>\n<p id=\"E176\" class=\"qowt-li-0_0 qowt-list qowt-stl-ListParagraph\"><span id=\"E177\" class=\"qowt-font7-Arial\"><strong>Company:<\/strong> a separate legal entity <\/span><span id=\"E178\" class=\"qowt-font7-Arial\">distinct<\/span><span id=\"E179\" class=\"qowt-font7-Arial\"> from its owners \/ shareholders. Companies in Australia must be registered with the Australian Securities and Investments Commission (\u201c<\/span><span id=\"E180\" class=\"qowt-font7-Arial\">ASIC<\/span><span id=\"E181\" class=\"qowt-font7-Arial\">\u201d).<\/span><span id=\"E182\" class=\"qowt-font7-Arial\"> Or a<\/span><span id=\"E185\" class=\"qowt-font7-Arial\">lternatively, one may also consider registering a business as a foreign company, or acquiring an existing Australian company.\u00a0<\/span><\/p>\n<p id=\"E187\"><span id=\"E188\" class=\"qowt-font7-Arial\">The business structure adopted will have a bearing on factors such <\/span><span id=\"E189\" class=\"qowt-font7-Arial\">as:<\/span><span id=\"E190\" class=\"qowt-font7-Arial\"> <\/span><\/p>\n<p id=\"E192\" class=\"qowt-li-0_0 qowt-list qowt-stl-ListParagraph\"><strong><span id=\"E193\" class=\"qowt-font7-Arial\">Required licenses and paperwork to be submitted; <\/span><\/strong><\/p>\n<p id=\"E195\" class=\"qowt-li-0_0 qowt-list qowt-stl-ListParagraph\"><span id=\"E196\" class=\"qowt-font7-Arial\"><strong>Taxation;<\/strong> and <\/span><\/p>\n<p id=\"E198\" class=\"qowt-li-0_0 qowt-list qowt-stl-ListParagraph\"><strong><span id=\"E199\" class=\"qowt-font7-Arial\">Potential liability and control over business.<\/span><\/strong><\/p>\n<p id=\"E201\"><span id=\"E202\" class=\"qowt-font7-Arial\">Luckily, the business structure adopted is not something that is fixed. As the business develops, investors are free to change the structure anytime they like to suit the business\u2019 needs.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-29648 size-large\" src=\"https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/alice-duffield-fgy0t-QHLcQ-unsplash-1024x684.jpg\" alt=\"set up a business in Australia\" width=\"1024\" height=\"684\" srcset=\"https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/alice-duffield-fgy0t-QHLcQ-unsplash-1024x684.jpg 1024w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/alice-duffield-fgy0t-QHLcQ-unsplash-300x200.jpg 300w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/alice-duffield-fgy0t-QHLcQ-unsplash-768x513.jpg 768w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/alice-duffield-fgy0t-QHLcQ-unsplash-640x427.jpg 640w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/alice-duffield-fgy0t-QHLcQ-unsplash-1200x801.jpg 1200w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/alice-duffield-fgy0t-QHLcQ-unsplash-1920x1282.jpg 1920w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/alice-duffield-fgy0t-QHLcQ-unsplash.jpg 2000w\" sizes=\"auto, (max-width: 639px) 98vw, (max-width: 1199px) 64vw, 770px\" \/><\/p>\n<h4 id=\"E204\"><span id=\"E205\" class=\"qowt-font7-Arial\">Australian Business Number (\u201cABN\u201d) <\/span><\/h4>\n<p id=\"E207\"><span id=\"E208\" class=\"qowt-font7-Arial\">The <a href=\"https:\/\/bristax.com.au\/business-articles\/australian-business-number-abn\/\">ABN Is a unique number<\/a> by which the business would be identified by other businesses or the Australian government. <\/span><span id=\"E209\" class=\"qowt-font7-Arial\">It also enables a business to regi<\/span><span id=\"E210\" class=\"qowt-font7-Arial\">s<\/span><span id=\"E211\" class=\"qowt-font7-Arial\">ter a domain name ending with <strong>.au<\/strong> or <strong>.net.au<\/strong>. The registration is a simple process that may be completed <\/span><a id=\"E212\" contenteditable=\"false\" href=\"https:\/\/register.business.gov.au\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span id=\"E213\" class=\"qowt-font7-Arial qowt-stl-Hyperlink\">online<\/span><\/a><span id=\"E214\" class=\"qowt-font7-Arial\">. <\/span><\/p>\n<h4 id=\"E218\"><span id=\"E219\" class=\"qowt-font7-Arial\">Business Name <\/span><span id=\"E221\" class=\"qowt-font7-Arial\">and Intellectual Property <\/span><\/h4>\n<p id=\"E223\"><span id=\"E224\" class=\"qowt-font7-Arial\">Businesses should then proceed to decide on the name under which they will be trading. This may also be done online via the ASIC website, on which one may search the <\/span><a id=\"E225\" contenteditable=\"false\" href=\"https:\/\/connectonline.asic.gov.au\/RegistrySearch\/faces\/landing\/bn\/SearchBnRegisters.jspx?_adf.ctrl-state=3gq0qv2zw_4\" target=\"_blank\" rel=\"noopener noreferrer\"><span id=\"E226\" class=\"qowt-font7-Arial qowt-stl-Hyperlink\">business <\/span><\/a><a href=\"https:\/\/connectonline.asic.gov.au\/RegistrySearch\/faces\/landing\/bn\/SearchBnRegisters.jspx?_adf.ctrl-state=3gq0qv2zw_4\">names register <\/a><span id=\"E227\" class=\"qowt-font7-Arial\">to determine the desired name\u2019s availability. <\/span><span id=\"E228\" class=\"qowt-font7-Arial\">Registration of available names can then be done at<\/span><span id=\"E229\" class=\"qowt-font7-Arial\"> <\/span><span id=\"E230\" class=\"qowt-font7-Arial\">the <\/span><a id=\"E231\" contenteditable=\"false\" href=\"https:\/\/www.business.gov.au\/planning\/new-businesses\/steps-for-setting-up-your-business\" target=\"_blank\" rel=\"noopener noreferrer\"><span id=\"E232\" class=\"qowt-font7-Arial qowt-stl-Hyperlink\">Business Registration Service <\/span><\/a><span id=\"E233\" class=\"qowt-font7-Arial\">site. <\/span><\/p>\n<p id=\"E235\"><span id=\"E236\" class=\"qowt-font7-Arial\">As registration of business names do not necessarily grant the owner <\/span><span id=\"E237\" class=\"qowt-font7-Arial\">complete legal protection. B<\/span><span id=\"E238\" class=\"qowt-font7-Arial\">usinesses should also consider protecting their <\/span><a id=\"E239\" contenteditable=\"false\" href=\"https:\/\/www.ipaustralia.gov.au\/trade-marks\" target=\"_blank\" rel=\"noopener noreferrer\"><span id=\"E240\" class=\"qowt-font7-Arial qowt-stl-Hyperlink\">trademarks<\/span><\/a><span id=\"E241\" class=\"qowt-font7-Arial\"> and domain names.<\/span><\/p>\n<p><a href=\"https:\/\/zegal.com\/trade-mark-licence-agreement\/\">DOCUMENT: Trademark Licence Agreement<\/a><\/p>\n<h4 id=\"E245\"><span id=\"E246\" class=\"qowt-font7-Arial\">Licences<\/span><\/h4>\n<p id=\"E248\"><span id=\"E249\" class=\"qowt-font7-Arial\">Depending on the business\u2019 nature, location and industry, different licences may be required for its lawful operation. The Australian government\u2019s <\/span><a id=\"E250\" contenteditable=\"false\" href=\"https:\/\/ablis.business.gov.au\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span id=\"E251\" class=\"qowt-font7-Arial qowt-stl-Hyperlink\">website<\/span><\/a><span id=\"E252\" class=\"qowt-font7-Arial\"> <\/span><span id=\"E253\" class=\"qowt-font7-Arial\">is very comprehensive, listing every licence and how to obtain them.\u00a0<\/span><\/p>\n<h4 id=\"E255\"><span id=\"E256\" class=\"qowt-font7-Arial\">Taxes<\/span><\/h4>\n<p id=\"E258\"><span id=\"E259\" class=\"qowt-font7-Arial\">The paying of taxes are, of course, a given, and <\/span><span id=\"E260\" class=\"qowt-font7-Arial\">life will be infinitely easier for a business to have a clear system organised right from the business\u2019 inception. <\/span><\/p>\n<p id=\"E262\"><span id=\"E263\" class=\"qowt-font7-Arial\">The Australian Taxation Office issues a unique Tax File Number (\u201c<\/span><span id=\"E264\" class=\"qowt-font7-Arial\">TFN<\/span><span id=\"E265\" class=\"qowt-font7-Arial\">\u201d) to all individuals and entities in Australia. This is a mandatory requirement.<\/span><span id=\"E266\" class=\"qowt-font7-Arial\"> S<\/span><span id=\"E267\" class=\"qowt-font7-Arial\">ole traders and proprietors operating under their own names may use their own TFNs for taxation purposes. Partnerships, companies and trusts will however have to <\/span><a id=\"E268\" contenteditable=\"false\" href=\"https:\/\/www.abr.gov.au\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span id=\"E269\" class=\"qowt-font7-Arial qowt-stl-Hyperlink\">apply for one.<\/span><\/a><\/p>\n<p id=\"E271\"><span id=\"E272\" class=\"qowt-font7-Arial\">As in many other countries, there are different taxes to be paid depending on the business. Some examples include: <\/span><\/p>\n<p id=\"E274\" class=\"qowt-li-0_0 qowt-list qowt-stl-ListParagraph\"><strong><span id=\"E275\" class=\"qowt-font7-Arial\">Goods and Services Tax (\u201c<\/span><span id=\"E276\" class=\"qowt-font7-Arial\">GST<\/span><span id=\"E277\" class=\"qowt-font7-Arial\">\u201d) <\/span><\/strong><\/p>\n<p id=\"E279\" class=\"qowt-stl-ListParagraph\"><a id=\"E280\" contenteditable=\"false\" href=\"https:\/\/www.ato.gov.au\/Business\/Registration\/Work-out-which-registrations-you-need\/Taxation-registrations\/Goods-and-Services-Tax\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span id=\"E281\" class=\"qowt-font7-Arial qowt-stl-Hyperlink\">GST<\/span><\/a><span id=\"E282\" class=\"qowt-font7-Arial\"> is payable under different circumstances. The most relevant ones would be where a business operates in the Goods and Services industry and has a turnover of <strong>$75,000 or more. O<\/strong>r if you\u2019re a business importing services or digital goods individually worth less than <\/span><span id=\"E283\" class=\"qowt-font7-Arial\">$1,000 and<\/span><span id=\"E284\" class=\"qowt-font7-Arial\"> make more than $75,000 annually. <\/span><\/p>\n<p id=\"E286\" class=\"qowt-li-0_0 qowt-list qowt-stl-ListParagraph\"><a href=\"https:\/\/zegal.com\/blog\/post\/australian-payg\/\"><strong><span id=\"E287\" class=\"qowt-font7-Arial\">Pay as You Go Withholding Tax (\u201c<\/span><span id=\"E288\" class=\"qowt-font7-Arial\">PAYG<\/span><span id=\"E289\" class=\"qowt-font7-Arial\">\u201d) <\/span><\/strong><\/a><\/p>\n<p id=\"E291\" class=\"qowt-stl-ListParagraph\"><span id=\"E292\" class=\"qowt-font7-Arial\">A business will have to apply for <\/span><a id=\"E293\" contenteditable=\"false\" href=\"chrome-extension:\/\/gbkeegbaiigmenfmjfclcdgdpimamgkj\/views\/qowt.html#file:\/\/\/C:\\Users\\Paul\\Downloads\\PAYG\"><span id=\"E294\" class=\"qowt-font7-Arial qowt-stl-Hyperlink\">PAYG<\/span><\/a><span id=\"E295\" class=\"qowt-font7-Arial\"> <\/span><span id=\"E296\" class=\"qowt-font7-Arial\">withholding tax if it is required to withhold tax from payments to workers, or other entities (i.e. employees, directors, contractors etc.) Businesses must first <\/span><span id=\"E297\" class=\"qowt-font7-Arial\">register for PAYG before the first occasion it is required to withhold tax. <\/span><\/p>\n<p id=\"E299\" class=\"qowt-li-0_0 qowt-list qowt-stl-ListParagraph\"><strong><span id=\"E300\" class=\"qowt-font7-Arial\">Fringes Benefit Tax (\u201c<\/span><span id=\"E301\" class=\"qowt-font7-Arial\">FBT<\/span><span id=\"E302\" class=\"qowt-font7-Arial\">\u201d) <\/span><\/strong><\/p>\n<p id=\"E304\" class=\"qowt-stl-ListParagraph\"><span id=\"E305\" class=\"qowt-font7-Arial\">If the business provides some type of fringe benefits to its employees, such as work cars, payment of expenses <\/span><span id=\"E306\" class=\"qowt-font7-Arial\">like<\/span><span id=\"E307\" class=\"qowt-font7-Arial\"> educational fees or health insurance costs, the business will first have to register for <\/span><a id=\"E308\" contenteditable=\"false\" href=\"chrome-extension:\/\/gbkeegbaiigmenfmjfclcdgdpimamgkj\/views\/qowt.html#file:\/\/\/C:\\Users\\Paul\\Downloads\\FBT\"><span id=\"E309\" class=\"qowt-font7-Arial qowt-stl-Hyperlink\">FBT<\/span><\/a><span id=\"E310\" class=\"qowt-font7-Arial\">.<\/span><\/p>\n<p id=\"E312\"><strong><span id=\"E313\" class=\"qowt-font7-Arial\">Grants <\/span><\/strong><\/p>\n<p id=\"E315\"><span id=\"E316\" class=\"qowt-font7-Arial\">Amongst the abundant support provided by the Australian government, one of the benefits of doing business in Oz are the numerous <\/span><a id=\"E317\" contenteditable=\"false\" href=\"https:\/\/www.business.gov.au\/assistance\/search\" target=\"_blank\" rel=\"noopener noreferrer\"><span id=\"E318\" class=\"qowt-font7-Arial qowt-stl-Hyperlink\">funds and grants. <\/span><\/a><span id=\"E319\" class=\"qowt-font7-Arial\">This again depends on the location and nature of the business. For instance, <strong>start-ups in Adelaide<\/strong> may be entitled <\/span><span id=\"E320\" class=\"qowt-font7-Arial\">to a <strong>$20,000 Small Business Development Fund<\/strong>. New b<\/span><span id=\"E322\" class=\"qowt-font7-Arial\">usinesses should pay attention to the potentially very useful tools and grants they may be entitled to.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-29654 size-large\" src=\"https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/fabian-mardi-o3TZx8_j7FE-unsplash-1024x680.jpg\" alt=\"set up a business in Australia\" width=\"1024\" height=\"680\" srcset=\"https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/fabian-mardi-o3TZx8_j7FE-unsplash-1024x680.jpg 1024w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/fabian-mardi-o3TZx8_j7FE-unsplash-300x199.jpg 300w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/fabian-mardi-o3TZx8_j7FE-unsplash-768x510.jpg 768w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/fabian-mardi-o3TZx8_j7FE-unsplash-640x425.jpg 640w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/fabian-mardi-o3TZx8_j7FE-unsplash-1200x797.jpg 1200w, https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/fabian-mardi-o3TZx8_j7FE-unsplash-1920x1275.jpg 1920w\" sizes=\"auto, (max-width: 639px) 98vw, (max-width: 1199px) 64vw, 770px\" \/><\/p>\n<h4 id=\"E324\"><span id=\"E325\" class=\"qowt-font7-Arial\">Visas <\/span><\/h4>\n<p><span id=\"E328\" class=\"qowt-font7-Arial\">Foreign e<\/span><span id=\"E329\" class=\"qowt-font7-Arial\">ntrepreneurs wishing to set up a business in Australia may be entitled to apply for <\/span><a id=\"E330\" contenteditable=\"false\" href=\"https:\/\/www.homeaffairs.gov.au\/Trav\/Work\/Skil\" target=\"_blank\" rel=\"noopener noreferrer\"><span id=\"E331\" class=\"qowt-font7-Arial qowt-stl-Hyperlink\">Business Innovation and Investment Visas <\/span><\/a><span class=\"qowt-font7-Arial\"> if they have been nominated by a state or <\/span><span class=\"qowt-font7-Arial\">territorial government.<\/span><span id=\"E333\" class=\"qowt-font7-Arial\"> Such nominations may be <\/span><span id=\"E334\" class=\"qowt-font7-Arial\">applied for online. <\/span><\/p>\n<p id=\"E336\"><span id=\"E337\" class=\"qowt-font7-Arial\">One may also be eligible for a <\/span><a id=\"E338\" contenteditable=\"false\" href=\"https:\/\/immi.homeaffairs.gov.au\/visas\/getting-a-visa\/visa-listing\/business-talent-permanent-132\" target=\"_blank\" rel=\"noopener noreferrer\"><span id=\"E339\" class=\"qowt-font7-Arial qowt-stl-Hyperlink\">Business Talent Visa <\/span><\/a><span id=\"E340\" class=\"qowt-font7-Arial\">if<\/span><span id=\"E341\" class=\"qowt-font7-Arial\"> one<\/span><span id=\"E342\" class=\"qowt-font7-Arial\">:\u00a0 <\/span><\/p>\n<p><span id=\"E345\" class=\"qowt-font7-Arial\">wholly or partially own an overseas business, have net business and personal assets of <strong>$1.5 million plus<\/strong>, and ha<\/span><span id=\"E346\" class=\"qowt-font7-Arial\">s<\/span><span id=\"E347\" class=\"qowt-font7-Arial\"> an annual business turnover of<strong> at least 3 million<\/strong>; <\/span><\/p>\n<p><span id=\"E347\" class=\"qowt-font7-Arial\">or <\/span><span id=\"E350\" class=\"qowt-font7-Arial\">has<\/span><span id=\"E351\" class=\"qowt-font7-Arial\"> obtained at least<strong> $1 million<\/strong> in ven<\/span><span id=\"E352\" class=\"qowt-font7-Arial\">t<\/span><span id=\"E353\" class=\"qowt-font7-Arial\">ure capital funding in Australia for a high-va<\/span><span id=\"E354\" class=\"qowt-font7-Arial\">l<\/span><span id=\"E355\" class=\"qowt-font7-Arial\">ue business idea.<\/span><\/p>\n<p id=\"E357\"><span id=\"E358\" class=\"qowt-font7-Arial\">Setting up a business is always a risky venture, especially when you\u2019re setting one up in a foreign country. This risk however may be calculated an<\/span><span id=\"E359\" class=\"qowt-font7-Arial\">d<\/span><span id=\"E360\" class=\"qowt-font7-Arial\"> controlled if enough planning and careful consideration is invested beforehand.<\/span><\/p>\n<p class=\"p1\" style=\"text-align: center;\"><b><i>This article does not constitute legal advice.<\/i><\/b><\/p>\n<p class=\"p3\" style=\"text-align: center;\"><span class=\"s1\"><a href=\"https:\/\/register.zegal.com\/\"><b>Start managing your legal needs with Zegal today<\/b><\/a><\/span><\/p>\n<p><a href=\"https:\/\/zegal.com\/blog\/post\/5-reasons-start-business-australia\/\">READ MORE: 5 Reasons to Start a Business in Australia<\/a><\/p>\n<p><a href=\"https:\/\/zegal.com\/blog\/post\/common-seal-australia\/\">READ MORE: What is Common Seal in Australia?<\/a><\/p>\n<p><a href=\"https:\/\/zegal.com\/blog\/post\/how-to-start-a-business-in-new-zealand\/\">READ MORE: How To Start A Business In New Zealand<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>How To Set Up A Business As a Foreigner In Australia As one of the larger economies in the world with a large middle and upper-middle class citizenship, Australia has always been an attractive market for business expansions. There are also other considerations that help make it even more attractive. These include the strong trade [&hellip;]<\/p>\n","protected":false},"author":51,"featured_media":45842,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","inline_featured_image":false,"footnotes":""},"categories":[14278,133],"tags":[1812,6508,8145,6446,7014,6510,7013,10307],"usecases":[13717],"businesstypes":[],"country":[13735],"class_list":["post-29638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-management","category-startup","tag-australia","tag-business","tag-government-grants","tag-grants","tag-small-business","tag-sme","tag-start-up","tag-z-syndicate","usecases-set-up-your-board-of-directors","country-australia"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.8 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How to Start a Business in Australia as a Foreigner | Zegal Australia<\/title>\n<meta name=\"description\" content=\"Are you a foreigner planning to set up a business in Australia? Make sure you go through this article before proceeding ahead. Click Here.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/zegal.com\/en-au\/wp-json\/wp\/v2\/posts\/29638\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Start a Business in Australia as a Foreigner\" \/>\n<meta property=\"og:description\" content=\"Are you a foreigner planning to set up a business in Australia? Make sure you go through this article before proceeding ahead. Click Here.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/zegal.com\/en-au\/blog\/post\/how-to-set-up-business-as-a-foreigner-in-australia\/\" \/>\n<meta property=\"og:site_name\" content=\"Zegal Australia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/getzegal\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-29T01:28:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-31T06:43:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/laura-cros-xLvkzpsKIms-unsplash-min-640x427-1.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"427\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Will Elton\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@getzegal\" \/>\n<meta name=\"twitter:site\" content=\"@getzegal\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Will Elton\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/blog\\\/post\\\/how-to-set-up-business-as-a-foreigner-in-australia\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/blog\\\/post\\\/how-to-set-up-business-as-a-foreigner-in-australia\\\/\"},\"author\":{\"name\":\"Will Elton\",\"@id\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/#\\\/schema\\\/person\\\/35f6500efc50a6bfea56d0c481815347\"},\"headline\":\"How to Start a Business in Australia as a Foreigner\",\"datePublished\":\"2019-07-29T01:28:46+00:00\",\"dateModified\":\"2023-07-31T06:43:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/blog\\\/post\\\/how-to-set-up-business-as-a-foreigner-in-australia\\\/\"},\"wordCount\":973,\"publisher\":{\"@id\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/blog\\\/post\\\/how-to-set-up-business-as-a-foreigner-in-australia\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/zegal.com\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/laura-cros-xLvkzpsKIms-unsplash-min-640x427-1.jpeg\",\"keywords\":[\"Australia\",\"business\",\"government grants\",\"grants\",\"small business\",\"SME\",\"start up\",\"z-syndicate\"],\"articleSection\":[\"Business Management\",\"Startup\"],\"inLanguage\":\"en-AU\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/blog\\\/post\\\/how-to-set-up-business-as-a-foreigner-in-australia\\\/\",\"url\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/blog\\\/post\\\/how-to-set-up-business-as-a-foreigner-in-australia\\\/\",\"name\":\"How to Start a Business in Australia as a Foreigner | Zegal Australia\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/blog\\\/post\\\/how-to-set-up-business-as-a-foreigner-in-australia\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/blog\\\/post\\\/how-to-set-up-business-as-a-foreigner-in-australia\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/zegal.com\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/laura-cros-xLvkzpsKIms-unsplash-min-640x427-1.jpeg\",\"datePublished\":\"2019-07-29T01:28:46+00:00\",\"dateModified\":\"2023-07-31T06:43:25+00:00\",\"description\":\"Are you a foreigner planning to set up a business in Australia? Make sure you go through this article before proceeding ahead. Click Here.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/blog\\\/post\\\/how-to-set-up-business-as-a-foreigner-in-australia\\\/#breadcrumb\"},\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/zegal.com\\\/en-au\\\/blog\\\/post\\\/how-to-set-up-business-as-a-foreigner-in-australia\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/blog\\\/post\\\/how-to-set-up-business-as-a-foreigner-in-australia\\\/#primaryimage\",\"url\":\"https:\\\/\\\/zegal.com\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/laura-cros-xLvkzpsKIms-unsplash-min-640x427-1.jpeg\",\"contentUrl\":\"https:\\\/\\\/zegal.com\\\/wp-content\\\/uploads\\\/2019\\\/07\\\/laura-cros-xLvkzpsKIms-unsplash-min-640x427-1.jpeg\",\"width\":640,\"height\":427},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/blog\\\/post\\\/how-to-set-up-business-as-a-foreigner-in-australia\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Legal Templates\",\"item\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/all-docs\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How to Start a Business in Australia as a Foreigner\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/#website\",\"url\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/\",\"name\":\"Zegal Australia\",\"description\":\"Need legal? Click Zegal.\",\"publisher\":{\"@id\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-AU\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/#organization\",\"name\":\"Zegal Australia\",\"url\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/zegal.com\\\/wp-content\\\/uploads\\\/2021\\\/11\\\/zegal-logo-white.png\",\"contentUrl\":\"https:\\\/\\\/zegal.com\\\/wp-content\\\/uploads\\\/2021\\\/11\\\/zegal-logo-white.png\",\"width\":200,\"height\":69,\"caption\":\"Zegal Australia\"},\"image\":{\"@id\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/getzegal\\\/\",\"https:\\\/\\\/x.com\\\/getzegal\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/getzegal\\\/\",\"https:\\\/\\\/www.youtube.com\\\/@legalzegal\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/#\\\/schema\\\/person\\\/35f6500efc50a6bfea56d0c481815347\",\"name\":\"Will Elton\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/92d6b87c77d5285ce48342d3b0f20279d317e3cc717c38f923f8864aa20254fb?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/92d6b87c77d5285ce48342d3b0f20279d317e3cc717c38f923f8864aa20254fb?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/92d6b87c77d5285ce48342d3b0f20279d317e3cc717c38f923f8864aa20254fb?s=96&d=mm&r=g\",\"caption\":\"Will Elton\"},\"sameAs\":[\"http:\\\/\\\/alicia.walker@zegal.com\"],\"url\":\"https:\\\/\\\/zegal.com\\\/en-au\\\/blog\\\/post\\\/author\\\/zegal-specialist\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"How to Start a Business in Australia as a Foreigner | Zegal Australia","description":"Are you a foreigner planning to set up a business in Australia? Make sure you go through this article before proceeding ahead. Click Here.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/zegal.com\/en-au\/wp-json\/wp\/v2\/posts\/29638\/","og_locale":"en_US","og_type":"article","og_title":"How to Start a Business in Australia as a Foreigner","og_description":"Are you a foreigner planning to set up a business in Australia? Make sure you go through this article before proceeding ahead. Click Here.","og_url":"https:\/\/zegal.com\/en-au\/blog\/post\/how-to-set-up-business-as-a-foreigner-in-australia\/","og_site_name":"Zegal Australia","article_publisher":"https:\/\/www.facebook.com\/getzegal\/","article_published_time":"2019-07-29T01:28:46+00:00","article_modified_time":"2023-07-31T06:43:25+00:00","og_image":[{"width":640,"height":427,"url":"https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/laura-cros-xLvkzpsKIms-unsplash-min-640x427-1.jpeg","type":"image\/jpeg"}],"author":"Will Elton","twitter_card":"summary_large_image","twitter_creator":"@getzegal","twitter_site":"@getzegal","twitter_misc":{"Written by":"Will Elton","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/zegal.com\/en-au\/blog\/post\/how-to-set-up-business-as-a-foreigner-in-australia\/#article","isPartOf":{"@id":"https:\/\/zegal.com\/en-au\/blog\/post\/how-to-set-up-business-as-a-foreigner-in-australia\/"},"author":{"name":"Will Elton","@id":"https:\/\/zegal.com\/en-au\/#\/schema\/person\/35f6500efc50a6bfea56d0c481815347"},"headline":"How to Start a Business in Australia as a Foreigner","datePublished":"2019-07-29T01:28:46+00:00","dateModified":"2023-07-31T06:43:25+00:00","mainEntityOfPage":{"@id":"https:\/\/zegal.com\/en-au\/blog\/post\/how-to-set-up-business-as-a-foreigner-in-australia\/"},"wordCount":973,"publisher":{"@id":"https:\/\/zegal.com\/en-au\/#organization"},"image":{"@id":"https:\/\/zegal.com\/en-au\/blog\/post\/how-to-set-up-business-as-a-foreigner-in-australia\/#primaryimage"},"thumbnailUrl":"https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/laura-cros-xLvkzpsKIms-unsplash-min-640x427-1.jpeg","keywords":["Australia","business","government grants","grants","small business","SME","start up","z-syndicate"],"articleSection":["Business Management","Startup"],"inLanguage":"en-AU"},{"@type":"WebPage","@id":"https:\/\/zegal.com\/en-au\/blog\/post\/how-to-set-up-business-as-a-foreigner-in-australia\/","url":"https:\/\/zegal.com\/en-au\/blog\/post\/how-to-set-up-business-as-a-foreigner-in-australia\/","name":"How to Start a Business in Australia as a Foreigner | Zegal Australia","isPartOf":{"@id":"https:\/\/zegal.com\/en-au\/#website"},"primaryImageOfPage":{"@id":"https:\/\/zegal.com\/en-au\/blog\/post\/how-to-set-up-business-as-a-foreigner-in-australia\/#primaryimage"},"image":{"@id":"https:\/\/zegal.com\/en-au\/blog\/post\/how-to-set-up-business-as-a-foreigner-in-australia\/#primaryimage"},"thumbnailUrl":"https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/laura-cros-xLvkzpsKIms-unsplash-min-640x427-1.jpeg","datePublished":"2019-07-29T01:28:46+00:00","dateModified":"2023-07-31T06:43:25+00:00","description":"Are you a foreigner planning to set up a business in Australia? Make sure you go through this article before proceeding ahead. Click Here.","breadcrumb":{"@id":"https:\/\/zegal.com\/en-au\/blog\/post\/how-to-set-up-business-as-a-foreigner-in-australia\/#breadcrumb"},"inLanguage":"en-AU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/zegal.com\/en-au\/blog\/post\/how-to-set-up-business-as-a-foreigner-in-australia\/"]}]},{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/zegal.com\/en-au\/blog\/post\/how-to-set-up-business-as-a-foreigner-in-australia\/#primaryimage","url":"https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/laura-cros-xLvkzpsKIms-unsplash-min-640x427-1.jpeg","contentUrl":"https:\/\/zegal.com\/wp-content\/uploads\/2019\/07\/laura-cros-xLvkzpsKIms-unsplash-min-640x427-1.jpeg","width":640,"height":427},{"@type":"BreadcrumbList","@id":"https:\/\/zegal.com\/en-au\/blog\/post\/how-to-set-up-business-as-a-foreigner-in-australia\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Legal Templates","item":"https:\/\/zegal.com\/en-au\/all-docs\/"},{"@type":"ListItem","position":2,"name":"How to Start a Business in Australia as a Foreigner"}]},{"@type":"WebSite","@id":"https:\/\/zegal.com\/en-au\/#website","url":"https:\/\/zegal.com\/en-au\/","name":"Zegal Australia","description":"Need legal? Click Zegal.","publisher":{"@id":"https:\/\/zegal.com\/en-au\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/zegal.com\/en-au\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-AU"},{"@type":"Organization","@id":"https:\/\/zegal.com\/en-au\/#organization","name":"Zegal Australia","url":"https:\/\/zegal.com\/en-au\/","logo":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/zegal.com\/en-au\/#\/schema\/logo\/image\/","url":"https:\/\/zegal.com\/wp-content\/uploads\/2021\/11\/zegal-logo-white.png","contentUrl":"https:\/\/zegal.com\/wp-content\/uploads\/2021\/11\/zegal-logo-white.png","width":200,"height":69,"caption":"Zegal Australia"},"image":{"@id":"https:\/\/zegal.com\/en-au\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/getzegal\/","https:\/\/x.com\/getzegal","https:\/\/www.linkedin.com\/company\/getzegal\/","https:\/\/www.youtube.com\/@legalzegal"]},{"@type":"Person","@id":"https:\/\/zegal.com\/en-au\/#\/schema\/person\/35f6500efc50a6bfea56d0c481815347","name":"Will Elton","image":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/secure.gravatar.com\/avatar\/92d6b87c77d5285ce48342d3b0f20279d317e3cc717c38f923f8864aa20254fb?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/92d6b87c77d5285ce48342d3b0f20279d317e3cc717c38f923f8864aa20254fb?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/92d6b87c77d5285ce48342d3b0f20279d317e3cc717c38f923f8864aa20254fb?s=96&d=mm&r=g","caption":"Will Elton"},"sameAs":["http:\/\/alicia.walker@zegal.com"],"url":"https:\/\/zegal.com\/en-au\/blog\/post\/author\/zegal-specialist\/"}]}},"_links":{"self":[{"href":"https:\/\/zegal.com\/en-au\/wp-json\/wp\/v2\/posts\/29638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zegal.com\/en-au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zegal.com\/en-au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zegal.com\/en-au\/wp-json\/wp\/v2\/users\/51"}],"replies":[{"embeddable":true,"href":"https:\/\/zegal.com\/en-au\/wp-json\/wp\/v2\/comments?post=29638"}],"version-history":[{"count":0,"href":"https:\/\/zegal.com\/en-au\/wp-json\/wp\/v2\/posts\/29638\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zegal.com\/en-au\/wp-json\/wp\/v2\/media\/45842"}],"wp:attachment":[{"href":"https:\/\/zegal.com\/en-au\/wp-json\/wp\/v2\/media?parent=29638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zegal.com\/en-au\/wp-json\/wp\/v2\/categories?post=29638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zegal.com\/en-au\/wp-json\/wp\/v2\/tags?post=29638"},{"taxonomy":"usecases","embeddable":true,"href":"https:\/\/zegal.com\/en-au\/wp-json\/wp\/v2\/usecases?post=29638"},{"taxonomy":"businesstypes","embeddable":true,"href":"https:\/\/zegal.com\/en-au\/wp-json\/wp\/v2\/businesstypes?post=29638"},{"taxonomy":"country","embeddable":true,"href":"https:\/\/zegal.com\/en-au\/wp-json\/wp\/v2\/country?post=29638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}