Corporate-Migrations
Financial Reporting Requirements in Australia
Establishing a foreign-held subsidiary in Australia involves navigating a detailed framework of financial reporting requirements. This involves various obligations, from the governing legislation to the specific components of financial statements, and the role of regulatory bodies.
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Updated: 9 August 2025
A Guide for Foreign Companies
Australia is a vibrant market with a strong economy, making it an attractive destination for foreign businesses looking to expand. If your company, based outside Australia, wants to set up shop here and conduct business, you'll need to officially register with the Australian Securities and Investments Commission (ASIC).
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Updated: 9 July 2025
Subsidiary vs Branch
For international businesses venturing into Australia, the choice between establishing a subsidiary or a branch is critical. Each structure entails distinct consequences for legal, tax, financial, commercial, and reporting aspects.
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Updated: 16 June 2025
Branch Registration of a Foreign Company
The Corporations Law requires an overseas company to register under the Corporations Law of a particular state or territory before it commences to carry on a business in Australia.
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Updated: 14 December 2013
Financial Reporting in Australia
The Australian bureaucracy is commonly described as “red tape”. Such red tape does not stop for businesses. One main governance body is the Australian Securities and Investments Commission (ASIC). The body is Australia’s corporate, financial markets and financial services regulator.
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Updated: 1 December 2013