If you are thinking of setting up business in Australia, understanding what is required to comply with Australian laws can be daunting when you are based overseas!

At Tribel, we provide a complete accounting service for those wanting assistance when setting up their business here in Australia. We provide advice and services complying with both state and federal tax obligations such as:

• Setting up a branch or subsidiary;
• Australian director requirements;
• Applying for substituted accounting periods for tax to align with your group reporting periods overseas;
• When and how to apply for an Australian Business Number;
• Whether to register Business Activity Statement reporting as monthly or quarterly;
• Withholding taxes requirements for employees;
• Income tax considerations including Double Taxation Agreements;
• Applying the correct rates of GST to products and services;
• Superannuation for employees;
• Fringe Benefits Tax for benefits provided to employees including preparation and lodgement;
• Preparation and lodgement of Business Activity Statements;
• Preparation of financial statements and income tax returns;
• Tax planning each year to minimise tax;
• Compliance with corporate legislation through the Australian Securities Commission (Registered Office, share and directors’ compliance matters);
• Foreign subsidiary audit exemptions where applicable;
• Payroll Tax (State); and
• Land Tax (State).