Opportunities for starting a small business in Australia
State of the Economy, Business Opportunities
For the Australian government, it does not matter at all what type of business a businessman-investor will develop. If he invests in the economy of Australia, it means that he gives employment to Australians. Australia is pleased to all serious businessmen, no matter what country they come from.
The most promising areas for business in Australia - reviews from the author
Fact one. Let's start with kangaroo meat. Australians are engaged in exporting it around the world, and Russian business immigrants have long since established deliveries to Russia, and this business is considered among the compatriots one of the most profitable. Judge for yourself: there is little secret for anyone that today Russians eat kenguryatiny under the guise of beef. And this is a fact: the minced meat of kangaroo is mixed (pressed) with ground beef and the resulting mixture is used for the production of sausages and other products.
In addition to kenguryatiny Australia (and Russian businessmen) sell beef and lamb, and the latter are purchased by expensive metropolitan restaurants.
Fact two. The next fashionable trend among Russian businessmen living in Australia are dating clubs via the Internet, with the aim of attracting brides to the continent, who are still lacking in Australia. Engaged in this business, mainly Russian women. The business is profitable, the demand for Russian women is great, but there is one pitfall here.
The fact is that Australia (if you do not take into account the VIP-zone along the edge of the coast) is a network of lonely farms, separated from each other by tens of kilometers. The infrastructure of this agricultural Australia is such that the system of distance school education was first introduced and used until now - the children do not leave the farm, and they watch the lessons on cable television by sending the control ones via e-mail. In such conditions, many Russian women refuse to live, and marriages get upset. Moreover, the mentality of the farmer does not have to become his faithful friend on a lonely farm in the middle of the desert with opening hours.
Franchises and Suppliers
Many Russians are engaged in the restaurant business side by side with the Thais and are flourishing in Australia. The fact is that the Australians themselves are spoiled and do not like working very much. And the restaurant business is perceived there as traditionally emigrant.
Business immigration to Australia: requirements, amountsHere is a list of the four most popular types of business visas:
1. "Business Owner" - "Business owner"
2. "Head" - "Senior Executive"
3. "Investor" - "Investment Linked"
4. "Business owner based in Australia "-" Established Business in Australia "
Australia is a country with a lot of land, but very few people. And because of this shortage, the state pursues an open immigration policy. Find more at the http://auopeninghoursau.com
So, you have chosen the visa “Owner of a business based in Australia” - the most relevant one. Then your question is solved at the regional level - with the state authorities. You prove that you have a capital of 250 thousand dollars and that you are ready to invest it in the development of the economy of this country. In addition, you have to do business for at least two years by this time, and provide the authorities of some Australian state with a ready-made business plan, which will indicate the presence of three vacancies for employment in favor of local residents.
If you show the availability of capital in 500 thousand dollars, then a business plan is not required to write.
The annual turnover of the company must be at least 100 thousand Australian dollars ($ 67 thousand), if you are engaged in exporting some products or services, and at least 200 thousand Australian dollars ($ 134 thousand), if you focus your business only on Australia.
For all categories of immigrants, you must pass an English proficiency test.
After two years, usually all without delay get a residence permit. Neither specialty nor age play a decisive role in obtaining a visa by business migrants.
Terms of Business Taxation in AustraliaIn the framework of taxation distinguish between residents and non-residents.
Residents pay taxes on income received in all countries of the world. Non-residents - pay taxes only on profits earned directly in Australia
The single corporate income tax rate (for all) - 30% of the
Partnership are not subject to taxation, and the partners themselves pay taxes at the place of their residence.
Value Added Tax in Australia - 10%.
You can open a company in Australia only if you participate in an Australian resident company!
Almost all activities in Australia are licensed!
Sole Trader (or a private entrepreneur) is not considered in Australia as a separate legal entity, and the entire income of such an entrepreneur is included in his personal income.
A self-employed person bears unlimited liability for all debts and obligations of his business.
A self-employed entrepreneur can conduct business both on his own behalf and using his business name.
Tips for doing business in AustraliaBuying a business is one of the ways to get Australian citizenship.
In Australia, the business can be bought as a finished dress in the store. And this practice is widespread.
To buy a business in this country, it is not necessary to have a residence permit or an appropriate citizenship. Usually, Russians make out a business visa at the Australian embassy in Moscow. It gives the right to open a business in Australia and receive dividends in the same place.
The cost of a single-entry visa (temporary business visa) is $ 33, a multiple-entry (long-stay temporary business entry visa) is $ 95.
For a single-entry visa, you can stay in Australia for no more than 3 months, for multiple-entry visas for 5 years, you can enter the country and leave it an unlimited number of times. If the business is successful, the business owner extends the business visa. However, this can only be done at the Australian embassy in Moscow
When buying a business, be sure to involve independent experts (individuals who do not work in the company you are acquiring) for the examination. Usually this is a team of lawyers and economists. It is advisable to enlist the opinion of two or three such independent experts.
Pitfalls of Business in AustraliaThe main difficulties and the reasons for which they arise:
- Ignorance or superficial knowledge of the English language.
- Ignorance of the law.
- An attempt to conduct business in Australia, as in Russia.
Compatriots warn: start a business without knowing the language and without understanding the local characteristics is extremely dangerous and unwise.