1. Instructions for Australian immigrants to start businesses
1. Research
Before starting business, it is necessary to be familiar with the Australian market. This means that you need to know who your customers are, the nature of your industry and your competitors. This will help create a framework around which you can build your business.
2. Business structure
There are four types of business structures in Australia, and you can choose any one when establishing business. These include sole proprietorship, partnership, trust and company. You can choose according to the structure that best suits your business needs. The structure of the business will determine the required licenses and will also affect tax and legal requirements.
sole trader: this is the most widely used and simplest type of business structure. The owner retains complete control over the business, and there is no distinction between business and personal assets. As an individual trader, you need to pay income tax according to the personal tax rate.
Partnership: A partnership involves two or more individuals who engage in business together for the purpose of making money. Partners have ownership of all business assets and are responsible for all liabilities. When making a partnership agreement, it is recommended to seek professional help.
company: a company can hold assets in its own name and be regarded as an independent legal entity. Shareholders are the owners of the company. Directors are responsible for running the company, although they may also be shareholders.
Trust: In a trust, a company or individual (trustee) conducts business on behalf of the beneficiary of the trust. This structure is usually used in family businesses, in which each family member can be a beneficiary without participating in the operation of the business.
3. Business premises
You can choose to set up a family business or rent or buy a business premises. Australian states, territories and local governments are responsible for leasing or purchasing commercial property. Regulations, environmental assessments and approvals may vary from region to region. The advantage of leasing is that you don't need to invest a lot of capital in the house. But some small businesses may find it more cost-effective to buy property.
4. Australian Stock Exchange
The Australian Stock Exchange (ASX) is the main stock exchange in Australia, and both Australian and international companies can apply for listing. A company must meet the requirements stipulated in the listing rules of the stock exchange before it can be listed. Listing on the Australian Stock Exchange (ASX) is an advantage, because the Australian stock market is dynamic and modern, and there are trading opportunities around the clock.
5. Trademarks
Companies can protect their names by registering trademarks and domain names to prevent other companies from using their names.
2. How do new immigrants in Australia open a bank account
You may want to open a bank account at home to pay bills and other activities, but you may also need a local bank account to receive salary payments and handle living expenses. In most countries, available. Your existing bank may even have international convenience. Or, you may want to open an offshore bank account. Different countries have different regulations on banking. In many cases, you may need a local bank account to obtain residency, or your employer can only pay you through a local account. This may also apply if you are self-employed.
Australian banks are subject to strict supervision and regularly get high marks in international security assessments. The four major banks in Australia are Australia and New Zealand Banking Group (ANZ), Commonwealth Bank of Australia, National Bank of Australia (NAB) and Westpac Bank. * * * Banks owned by banks and customers are also booming. Due to the strength of local banks, relatively few international banks operate retail services in Australia, although many international banks, including Citibank, HSBC, ING and Bank of China, have subsidiaries.
In most cases, opening a bank account in Australia is simple and easy. As long as you go there to live, study or work, you can even open a bank account before moving to the country. This process is fast-online, it may only take ten minutes-and the required documents are not complicated and usually difficult to obtain. If you open an account online, you need to call the branch to display the documents when you arrive. In some banks, you can open an account up to one year before moving to the country.
to open a bank account online, you need:
your valid passport and visa details
your current email address
information about when you moved to Australia and where you intend to live (not necessarily the full address; You only need to specify the city or location)
You may also be asked to provide tax information about your current residence-the exact documents required vary from bank to bank.
it's easy to open an account in person. Banks use the integral system, but it is not complicated, and it is relatively easy to get the necessary number of points (usually 1). The bank will list the documents you need on your website, but they are usually:
valid passport or national identity card (7 points)
your birth certificate (7 points)
driver's license or other official identity card with photos (4 points)
water and electricity bill or other official documents with your name and address (25 points)
credit card or debit card.
Australian banks offer a variety of account types, some of which offer free banking services. Check the bank website for more details. At the time of writing, the current account (checking account) costs about $5 per month.
3. Traffic Guide for Immigrating to Australia
Melbourne has a good public transportation system, including trams in the world, extending from the central business district to many suburbs. It also has an extensive urban rail transit network and good bus service.
One-way and one-way tickets can be purchased at railway stations, tram ticket vending machines and retail outlets with the blue logo of Metcard, and can also be used in all three public transport modes. Senior citizens, children and students can enjoy discounts. The fare depends on the number of areas you want to visit and the duration of the fare.
You can get convenient itinerary planner, timetable, route and fare information online.
After obtaining an Australian visa, foreigners in Melbourne can use their national driving licenses to drive in Victoria for three months, and then they must take a driving test in Victoria. However, foreigners with permits in Austria, Belgium, Canada, Croatia, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Japan, Luxembourg, the Netherlands, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom or the United States can exchange Victorian driving licenses without trial. Driving test and permit can be arranged and exchanged at VicRoads Customer Service Center: for location and contact information, please call 131171.
except during rush hours, Melbourne's roads are in good condition and the traffic is congested. The whole city has adequate parking facilities.
Melbourne has a toll road network called CityLink, which connects expressway around the city to the underground tunnel in Yala and extends to Tulamarin International Airport. The electronic toll collection system is fully automatic: ordinary users of the network can open an account in the car and buy monitoring equipment called ETAG. Occasionally, users can buy daily tickets within three days before and after purchase. Use the network. You can pay online, or you can buy passes at Australia Post and other retail stores. Unauthorized use of Melbourne's CityLink network will be fined 1 yuan.
strictly enforce Victoria's driving laws. When driving, the blood alcohol content was lower than .5%, and random breath test was used. It is illegal to use a hand-held mobile phone while driving. Unless otherwise specified, the speed limit is 5 km/h. Seat belts must be used in both front and rear seats.
There are bicycle lanes in downtown Melbourne and many suburbs. Immigrants to Australia need to understand that according to Australian law, cyclists must wear helmets and obey traffic laws.