Australia flag Australia: Operating a Business in Australia

Starting a business in Australia

Legal Forms of Companies

Sole Trader
Number of partners: 1 person.
Capital (max/min): No minimum capital.
Shareholders and liability: The liability of the sole trader is unlimited.
Private or Proprietary Company
Number of partners: One or more.
Capital (max/min): No minimum capital.
Shareholders and liability: The partners' liability is limited to the amount of capital contributed.
Public Company
Number of partners: One or more.
Capital (max/min): No minimum capital.
Shareholders and liability: The partners' liability is limited to the amount of capital contributed.
Partnership
Number of partners: Two or more.
Capital (max/min): No minimum capital.
Shareholders and liability: Liability is joint and unlimited for all partners.
Limited Partnership
Number of partners: At least one general partner and one limited partner.
Capital (max/min): No minimum capital.
Shareholders and liability: Unlimited for general partner, limited to capital for limited partner if they do not participate to the company management.
 

Business Directories

Financial Information Directories
ASIC - Register of the Australian Securities and Investments Commission
Dun & Bradstreet - Worldwide directory with financial information on businesses

To go further, check out our service Business directories.


 

Professional Associations

General Professional Associations
SBAA - Small Business Association

To go further, check out our service Professional associations.


 

Business Setup Procedures

Setting Up a Company Australia OECD
Procedures (number) 3.0 5.2
Time (days) 2.0 9.5

Source: Doing Business - Latest available data.

 
The Competent Organisation
Australian Security and Investment Commission (ASIC)
For Further Information
Consult Doing Business Website, to know about procedures to start a Business in Australia.
Australian Business Register

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Latest Update: September 2022

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