For more information on registering as a foreign company with ASIC, click here Setting up an company in Australia if you live overseas At least one of the directors of the company or the company secretary must reside in Australia. For public companies, at least two of the company directors must reside in Australia. Australia is a federation of eight different States and Territories which work alongside Invest Australia for direct foreign investment purposes. If you know which State or Territory you are interested in investing in, you can contact the relevant State investment agency for assistance with direct foreign investment. In Australia, State, Territory or local governments do not impose their own corporate tax rates.
Local governments impose rates to cover their services.
Are there any legal limitations or foreign ownership regulations to investing in Australia. In some industry sectors, the Australian Government has imposed legal limitations to foreign investment in order to abide with wider community interests. These sectors include real estate, banking, civil aviation, shipping, media, broadcasting and telecommunications. For more information on the procedures governing each of these sectors, click here 6. Invest Australia can assist foreign corporations and individuals at all stages of an investment project.