Australia is a popular country for overseas businesses to operate in. It is the 14th largest economy in the world, has a highly educated workforce and is rated 14th in the The World Bank Doing Business index on the ease of doing business.
Australia is a common law country. Companies are subject to Federal corporate law, although states may also determine laws that apply to businesses operating in that state. Income tax is applied at a Federal level, as is GST. There are no income tax or sales taxes at a state level. The main state tax that applies to businesses is payroll tax.
This guide has been prepared to assist business looking at operating in Australia.