“Doing Business in Australia” is a comprehensive guide designed to give some general information for businesses and individuals considering business opportunities in Australia.

This booklet has been prepared for the clients and partners of our global affiliate network, HLB International, and should be considered an essential first step in your journey.

Australia is a multicultural country with a population of approximately 25 million. The population is concentrated in capital and other major cities, mainly on the south and east coasts of the continent.

Much of our prosperity is largely dependent on trade. It is geographically remote from most of its major markets and traditional allies. It is however relatively affluent and resource-rich country in a populous, developing, and rapidly changing region.

Guide highlights

  • General information on geography, population, currency, language, Australian law, and government practices
  • Investment factors, including import and export controls, goods subject to export control, Free Trade Agreements, the Australian Competition & Consumer Commission (ACC), government incentives, foreign exchange control, employment regulations, and sources of finance
  • Types of business organisations and structures, including definitions of sole proprietorships, partnerships, joint ventures, corporations and trusts
  • Taxation structures for individuals, partnerships, corporations and trusts
  • Australian cross-border tax rules relating to transfer pricing, thin capitalisation, rules for Significant Global Entities (SGEs) and Country-by-country (CbC) reporting
  • Other taxes and levies, including Goods and Services Tax (GST), Fringe Benefits Tax (FBT), payroll tax, stamp duty, land tax, superannuation, and local rates and taxes.

Setting up in a new country can be daunting. However, Australia is a great choice for individuals and businesses seeking new growth opportunities for doing business in Australia.

Laws in Australia that regulate businesses and taxes can be complex. Therefore, we would advise you to consult an HLB member firm in Australia before taking any specific action.

Wish to learn more?

HLB Mann Judd can speak your language. Our professionals will provide recommendations and guidance across all business and tax matters as well as facilitate introductions for insurance, banks and property needs.