Australia is famed for its fantastic natural beauty, unique wildlife, exciting cities, and friendly, laid-back people, but it’s also important to note the antipodean island nation is a thriving hub for global commerce! Australia boasts a very stable government, a fair and modern legal system, business-friendly regulations and a rock-solid economy.
All of those factors combined make it an extremely attractive site for doing business! If your company is interested in joining in the Australian economic miracle, business registration in NSW the heart of Australia’s commercial success, is quite easy to accomplish! Let’s take a closer look now at more about why Australia is a great place to do business!
Economic Stability – Over the last thirty years Australia’s economy has enjoyed continuous growth, proof that the nation’s economic policies are wise and that good governance is in place. Australia provides a safe, predictable environment for the operation of businesses to take place without being exposed to the kind of risks one can be exposed to when working in countries lacking in a stable economy under an unpredictable government.
Strong Economic Base – Australia has earned a place among the world’s most prosperous economies, with a global GDP standing of around 1.50 trillion dollars! This amazing level of financial stability makes it the ideal place to establish and develop your commercial enterprise. Australia’s economy thrives on a wide variety of business sectors like agriculture, mining, education, technology, finance, and manufacturing so there are a plethora of possibilities for your business to participate in!
Ease of Doing Business – The World Bank’s Ease of Doing Business Index rates Australia as 14th from the top out of 190 participating countries, very high marks indeed! It’s incredibly easy to start up a business, acquire construction permits, and make contracts. It’s a breeze to register your company in Australia thanks to the nation’s minimalist approach to bureaucracy and highly transparent regulatory requirements, so you can join in on the profits with ease!
Strong Trade Links – Australia holds an enviable position on the globe when it comes to connecting with other nations for trading purposes. The Asia-Pacific region is a hot spot for world trade routes, intersecting with three continents in addition to Australia- North and South America, and Asia! Australia has negotiated free trade agreements with several regional economic powerhouses including Japan, South Korea, and China which helps to remove barriers to international business operations for those companies that are registered here!
Attractive Tax Structure – When you compare Australia’s corporate tax structure to the majority of other developed nations you will be amazed at how entirely reasonable it all is! Larger business concerns are taxed at a rate of 30% and small and medium businesses only have to pay 25%! There are also a wide variety of tax incentives available, such as a research and development tax Incentive that gives significant awards to companies involved in making Australia an even more advanced economy and country!
So, if you are interested in joining in on Australia’s fantastic economic success come on down under, we are open for business!
