Company Formation in Australia

Opening a company in Australia in sectors like IT, renewable energy, manufacturing, agriculture, or healthcare is quite appealing and profitable for international entrepreneurs. If you are ready to invest here, we invite you to read this article and then get in touch with our local agents for personalized assistance in company formation in Australia.

Main types of companies in Australia

The Proprietary Limited Liability Company (Pty Ltd) is the most popular business structure in Australia, without legal minimum share capital requirements, but it can be incorporated with AU$1. Here are other company types available in Australia:

• The public company is another available business structure in Australia, often the choice of entrepreneurs. This entity is dedicated to large businesses/enterprises in Australia.
• Non-profit organizations and charities can be set up as companies limited by guarantee in Australia.
• Sole proprietorships are also optimal business choices in Australia.
• Partnerships can be easily set up in Australia.
• Liaison offices, also known as representative offices, can also be established in Australia. These cannot carry out commercial activities, but only the ones linked to marketing & advertising.

These are some of the main company types in Australia. You can rely on the support of our specialists in company formation in Australia, regardless of the business structure you select.

How to set up a Proprietary Limited Liability Company (Pty Ltd) in Australia

The first step in establishing a Pty Ltd in Australia is checking and reserving the business name. This procedure is done with the Australian Securities & Investments Commission (ASIC) through the business registration department. Here are other aspects to consider:

• The company is registered with ASIC, and it may adopt a constitution or rely on the replaceable rules of the Corporations Act 2001.
• The Australian Company Number (ACN) is required for setting up a Pty Ltd in Australia. Alongside this ID, a Tax File Number (TFN) is also needed.
• The company will need a bank account before operating in Australia. This is a post-registration procedure.
• About AU$ 636 is the ASIC fee to be paid for registering a proprietary company limited by shares in Australia (from 1 July 2026).

It is good to know that a Pty Ltd in Australia will need at least one director appointed before starting operations. Our Australian agents can provide extra details about this popular business form.

Taxation in Australia

These are the most important taxes in Australia that you should bear in mind if you want to start a company here:

• 30% is the corporate income tax in Australia. A 25% rate applies to businesses with an annual turnover below AU$ 50 million and less than 80% passive income.
• 10% is the Goods & Services Tax (the VAT in Australia) applied to most products and services for sale.
• There is also a 15% domestic minimum tax (DMT) in Australia that applies to multinational companies under specific conditions.

Australia’s economy in a few lines

If you are interested in company formation in Australia, this information about the country’s economy may help you:

• Australia’s GDP grew by 2.6% over the year to the December quarter of 2025.
• Australia’s annual inflation rate rose to 3.8% in December 2025.
• Australia’s unemployment rate ranged between about 4.1% and 4.5% in 2025 (4.1% in December).

Ready to start a company in Australia? Do not hesitate to discuss further details with our company formation specialists. We offer a free case evaluation and comprehensive services tailored to your business needs. Contact us today!