Setting up a business in Australia?

Discussion in 'Legal Issues' started by illusion, Sep 14, 2006.

  1. #1
    Hey,

    I am looking for people who have set up an online business in Australise. As I have a few simple questions I would like to ask you :)

    • Is it possible to set up an LLC, I want a concrete answer please :)
    • How much does it cost to set one up?
    • Can you have two businesses at one premises?
    • Can a business sign up for adsense?
    • Do you have a place I can check out that should answer any lingering questions that I have

    If you have not set up a business in Australia (online) or have not researched then please do not reply. I do not want answers such as, well in American you can so you must be able to.

    Thanks,
    Ben
     
    illusion, Sep 14, 2006 IP
  2. britishguy

    britishguy Prominent Member

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    #2
    PM
    Col
    on DP his username
    Cheap SEO Services
    He is friendly guy living in Oz maybe he can help you out
     
    britishguy, Sep 15, 2006 IP
  3. Cheap SEO Services

    Cheap SEO Services <------DoFollow Backlinks

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    #3

    No need for PM britishguy and thanks for the nice comments! It's very appreciated.

    Firstly, What is LLC? Is that the same as Pty Ltd or Corporation? If so, about $1500 to buy off the shelf.
    Secondly, Adsense is no problems at all.
    Thirdly, You can have as many biz's as you want at the same address.
    Don't know of any site that can help answer the questions but I know an acountant that can answer those questions. he is exy but he is very good!

    Col :)
     
    Cheap SEO Services, Sep 15, 2006 IP
  4. eddy2099

    eddy2099 Peon

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    #4
    LLC is Limited Liability Company, basically a creation of the US. It is actually a sole proprietorship or partnership with Limited Liability.

    I don't believe this business structure exists in Australia.
     
    eddy2099, Sep 15, 2006 IP
  5. illusion

    illusion Peon

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    #5
    Thanks for that Col, is there anything cheaper than a Pty. Ltd.

    I cannot really justify that sort of spending at the moment on a business name.
     
    illusion, Sep 15, 2006 IP
  6. eddy2099

    eddy2099 Peon

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    #6
    eddy2099, Sep 15, 2006 IP
  7. illusion

    illusion Peon

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    #7
    Let's say I set up a business, would I still be able to use my personal bank account to transfer money to it from say services such as Adsense and Fastclick and what not?
     
    illusion, Sep 15, 2006 IP
  8. ing

    ing Well-Known Member

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    #8
    ing, Sep 16, 2006 IP