Australia

We keep the company records and accounts of Australian proprietary companies owned from India, prepare director appointments and changes, and deal with ASIC filings. We have no office in Australia. Our team in India does the work, and licensed Australian firms provide the resident director, the tax agent and the auditor where the company needs them.

Checked against the sources on 14 November 2026. Each figure links to the authority that published it.

Australia at a glance

Company tax
30%. 25% for a base rate entity, which has aggregated turnover under A$50 million and no more than 80% passive income1
GST
10%. Registration is required at A$75,000 of GST turnover, within 21 days2
Directors
A proprietary company needs at least one director who ordinarily resides in Australia. Each director needs a director ID before appointment3
Company secretary
Not required for a proprietary company3
Annual review
Fee and solvency resolution within two months of the review date4
Business activity statements
Quarterly, due on 28 October, 28 February, 28 April and 28 July5
Authorities
ASIC (companies), the Australian Taxation Office (tax)

Checked against the sources on 14 November 2026.

Talk to us about Australia

Call or WhatsApp +91 77606 86468

connect@fidgenx.com

What we do in Australia

  • Keep the company’s registers and records
  • Prepare director appointments and resignations, and the ASIC notices that go with them
  • Deal with the annual review and the solvency resolution
  • Keep the books and prepare the annual financial statements
  • Prepare the ODI and APR filings in India when the shareholder is Indian

What an Australian company files each year

FilingWithWhen
Annual reviewASICASIC sends an annual statement on the review date. The fee is paid and the directors pass a solvency resolution within two months.4
Business activity statementATOQuarterly statements are due on 28 October, 28 February, 28 April and 28 July. Monthly statements are due on the 21st of the following month.5
Company tax returnATOGenerally 28 February for a company that lodges its own return. Registered tax agents work to their own lodgment dates.6
Financial reportASICWithin four months of the end of the financial year, for the companies that have to lodge one.7

Companies controlled from abroad

A large proprietary company lodges an audited financial report with ASIC. A company is large when it meets two of three tests: consolidated revenue of A$50 million or more, consolidated gross assets of A$25 million or more, and 100 or more employees.8

A small proprietary company controlled by a foreign company also has to lodge a financial report, unless it qualifies for relief.7 A subsidiary of an Indian company should check this in its first year.

If the shareholder is in India

The shares an Indian company or resident holds in an Australian company are an overseas direct investment under FEMA. The bank needs Form FC before the first remittance, and an Annual Performance Report (APR) is due by 31 December each year.9, 10

Where the Indian investor controls the company, the APR is based on audited financial statements.10 The Australian financial year normally ends on 30 June, which leaves six months to finish the audit before the APR is due.

The Indian steps are set out on our page for Indian businesses with a company abroad.

Questions we are asked

Can all the directors live in India?

No. A proprietary company must have at least one director who ordinarily resides in Australia.3

Does the company need a secretary?

A proprietary company does not have to appoint one.3

Sources

  1. Australian Taxation Office, Changes to company tax rates.
  2. Australian Taxation Office, Registering for GST.
  3. ASIC, Company officeholders: directors and secretaries.
  4. ASIC, Company annual review.
  5. Australian Taxation Office, Due dates for lodging and paying your BAS.
  6. Australian Taxation Office, Income tax due dates.
  7. ASIC, Company financial reports.
  8. ASIC, Are you a large or small proprietary company.
  9. Reserve Bank of India, Foreign Exchange Management (Overseas Investment) Directions, 2022. A.P. (DIR Series) Circular No. 12, 22 August 2022.
  10. Reserve Bank of India, Foreign Exchange Management (Overseas Investment) Regulations, 2022. Notification No. FEMA 400/2022-RB, 22 August 2022.