Setting up a company in Australia is a popular move for international entrepreneurs due to the country’s stable economy, transparent regulations, and strong global trade links. One of the first questions most founders ask is:
How much does it cost to set up a company in Australia?
This guide provides a clear, up-to-date breakdown of company registration costs, ASIC fees, professional expenses, and ongoing compliance costs—so you can budget accurately and avoid surprises.
Quick Answer: How Much Does It Cost to Set Up a Company in Australia?
Most businesses should expect to spend AUD $5,000–$7,000 in their first year to fully set up and operate a compliant Australian company, excluding staff and large marketing expenses.
This includes:
- ASIC registration fees
- Professional setup support
- Registered office and compliance costs
- Accounting and annual obligations
Why Australia Is a Popular Destination for Foreign Entrepreneurs
Australia consistently attracts overseas founders because it offers:
- A stable and well-regulated economy
- A transparent legal and tax system
- Strong trade relationships with the UK, US, and Asia-Pacific
- A globally recognised corporate structure (Pty Ltd)
- A straightforward company registration process
These benefits come with costs—but they are predictable and manageable with proper planning.
Step 1: Choosing the Right Business Structure
Your setup cost depends heavily on the structure you choose.
Common Options:
- Sole Trader – Low cost, but unsuitable for most foreign founders
- Partnership – Shared control, shared liability
- Proprietary Limited Company (Pty Ltd) –
✔ Most common
✔ Limited liability
✔ Separate legal entity
For most foreign entrepreneurs, a Pty Ltd company is the preferred option due to credibility, scalability, and investor confidence.
Step 2: Company Registration Costs in Australia
ASIC Company Registration Fee
Registering a Pty Ltd company with ASIC (Australian Securities and Investments Commission) is mandatory for all companies.
Cost: AUD $576
Business Name Registration (if required)
- 1 year: AUD $42
- 3 years: AUD $98
Domain Name (.com.au)
Securing a .com.au domain adds credibility and trust for your Australian business.
Cost: AUD $15–$30 per year
Step 3: Professional & Legal Setup Costs
While DIY registration is possible, most founders choose professional support to ensure compliance and avoid costly mistakes.
Legal & Accounting Setup
Company formation packages typically range from AUD $500–$1,500 and usually include:
- Company constitution preparation
- Director/shareholder setup
- Tax and compliance guidance
Registered Office & Local Compliance Support
If your directors are based overseas, you will need professional support to meet Australian regulatory requirements. This ensures your company maintains proper records, lodges annual returns, and stays compliant with ASIC. Fees typically range from AUD $300–$1,000 per year. Learn more about our comprehensive company setup services in Australia.
Document Certification & Notarisation
Certain documents may require notarisation, especially for overseas directors. Expect costs of AUD $100–$500 depending on the provider.
Step 4: Tax & Compliance Registrations
| Registration | Cost |
| Australian Business Number (ABN) | Free |
| Tax File Number (TFN) | Free |
| GST (if turnover ≥ $75,000) | Free |
| PAYG Withholding | Free |
Accountants may charge AUD $200–$600 to handle registrations.
Step 5: Ongoing Annual Costs
Mandatory & Operational Costs
- ASIC Annual Review Fee: AUD $310
- Accounting & Bookkeeping: AUD $1,000–$5,000
- BAS Lodgements (GST):
AUD $200–$400 per quarter - Corporate Tax Rate:
25%–30% depending on turnover - Employee Superannuation:
12% of salary (if hiring)
Example: First-Year Cost Breakdown
| Expense | Cost (AUD) |
| ASIC Registration | $576 |
| Business Name (3 years) | $98 |
| Domain | $20 |
| Legal & Accounting Setup | $1,000 |
| Registered Office | $500 |
| Insurance | $1,000 |
| ASIC Annual Fee | $310 |
| Accounting & BAS | $2,000 |
| Estimated Year-1 Total | $5,500 |
Final Thoughts: Budgeting for Success in Australia
Setting up a company in Australia is not just about registration—it’s about building a compliant, sustainable business foundation.
Plan for AUD $5,000–$7,000 in your first year, and you’ll cover:
- Company registration
- ASIC compliance
- Tax obligations
- Professional support
With the right structure and planning, Australia offers one of the most predictable and founder-friendly environments for international businesses.
FAQs: Cost of Setting Up a Company in Australia
Can I register a company in Australia from overseas?
Yes. Physical presence is not required, but compliance obligations (such as a registered office and local governance requirements) must be met.
How long does company registration take?
ASIC registrations are typically processed within 1–2 business days when submitted correctly.
Do I need an Australian bank account?
Yes. An Australian account is required for local trading, payroll, and tax obligations.
What is the cheapest way to set up?
Direct ASIC registration is cheapest, but most founders choose professional assistance to avoid compliance errors that lead to penalties.
Branch vs subsidiary—what costs more?
A subsidiary (Pty Ltd) usually costs more upfront but offers better liability protection and credibility than a branch.
