Start Your Company in Australia Today!

Can Foreign Residents Start a Company in Australia?

Yes! Non-residents can start a company in Australia, but not alone. While foreign individuals and companies can own shares in an Australian company, at least one director must be an Australian resident. For public companies, two directors must be Australian residents to register with ASIC.

Corporations Act 2001: Director Requirements

According to Section 1.5.5 5.1 of the Corporations Act 2001, a company must meet the following director requirements:

• A director must be at least 18 years old.

• If the company has one director, they must ordinarily reside in Australia.

• If the company has more than one director, at least one director must ordinarily reside in Australia.

• An Australian resident is defined as someone whose domicile is in Australia.

Registering Your Company in Australia: 3 Easy Steps

Australia is an attractive destination for business, thanks to its stable economy, high living standards, and diverse culture. Follow these simple steps to register your company with the Australian Securities and Investments Commission (ASIC).

Step 1: Determine Your Eligibility

Before registering, ensure you meet the requirements:

• Obtain an Australian Business Number (ABN).

• Register an Australian Registered Business Name (ARBN).

• You can apply for these through the Australian Business Register (ABR).

Step 2: Choose Your Company Name

Pick a unique and available company name:

• Verify name availability via the ASIC website 

Step 3: Select Your Company Structure

Decide the best structure for your business:

• Sole Trader: A simple, single-owner business.

• Partnership: Two or more owners share responsibility.

• Company: A separate legal entity offering limited liability.

Register Your Company Today!

Simply provide your details in the form here to get started with ASAC—it’s quick and easy!