Australia’s strong economic fundamentals and its location within the Asia Pacific provides a wealth of opportunities. This is supported by a robust economic, legal and regulatory framework. Additionally, the state and territory governments provide a range of support and tools to assist investors to set up and run their business in Australia. Such support may range from grants, employee training, R&D tax incentives, project facilitation, and more.
Entity Registration and Incorporation Requirements: Setting up a new business or expanding an existing one in Australia is straightforward. Choose how your company operates from a range of entity types that suit your individual circumstance.
Banking: Banking Hours: 9.30 am to 4:00 pm from Monday to Thursday
Working Week: The standard working week is from Monday to Friday from 7:00 am - 4:30 pm
Labor Law: Australian labor law has a dual structure whereby some employment issues are governed by the Federal government and others may be governed by state and territory laws. The primary statute regulating labor is the Workplace Relations Act 1996. Australian courts, both State and Federal, interpret legislation but also apply the common law. The central elements of Australia’s employment system includes a set of national standards of employment for all Australian employees, occupational health and safety regulations and superannuation (pension) payments.