What is a Foreign Company used for?
A foreign company is an existing company formed in another country, which can be registered in Australia. This allows them to carry on business in Australia. Having registered over 200 foreign companies in the last five years, Castle Corporate is well equipped to assist you with this.
- In order to register a foreign company, you are required to:
- Every calendar year, a registered foreign company is required to lodge its annual return (including a copy of its balance sheet, profit and loss and cash flow statements) with ASIC (Castle can lodge these on your behalf for a fee).
- In addition, registered foreign companies must notify ASIC of any changes to company details (Castle can prepare and lodge these on your behalf for a fee).
A full breakdown of our fees for Foreign Company Services can be found here.