Oceania · Proprietary Limited (Pty Ltd)
Australia Company Formation 2026
Filing $380 · Annual $195 · Corp tax 30% · Banking 9/10
The numbers
| Entity type | Proprietary Limited (Pty Ltd) |
|---|---|
| Filing fee (one-off) | $380 |
| Annual government fee | $195 |
| Registered agent / corp. secretary | Not required |
| Headline corporate tax | 30% |
| Effective tax notes | 25% if base rate entity (≤ AU$50M revenue, ≤80% passive income), 30% otherwise. |
| VAT / GST / sales tax | 10% |
| Minimum paid-up capital | Nominal |
| Processing time | 1 business days |
| Remote formation | Yes |
| UBO public | No (private register) |
| Banking accessibility | 9/10 |
| Privacy score | 5/10 |
| Stripe | ✅ Available |
| PayPal Business | ✅ |
| Wise Business | ✅ |
Why people choose Australia
- Stable banking
- Strong reputation
- Franking credit dividend system
Trade-offs to know
- Min 1 Australian-resident director
- Higher corporate tax
- Strict ASIC reporting
Who Australia is best for
- Australian/NZ market
ASIC registration AU$576 (2025). Annual review fee AU$310 small proprietary.
Authoritative sources
Australia official business registry / authorityFees last verified against the source: 2026-05-15
Other commonly compared Oceania jurisdictions
Frequently asked questions
How much does it cost to form a company in Australia?
The state/registry filing fee is approximately $380. Annual maintenance is approximately $195.
What is the corporate tax rate in Australia?
Australia's headline corporate income tax rate is 30%. 25% if base rate entity (≤ AU$50M revenue, ≤80% passive income), 30% otherwise.
Can a non-resident form a company in Australia?
Yes, remote formation is generally possible in Australia.
Is Stripe available for Australia companies?
Yes, Stripe supports businesses incorporated in Australia.
What is the minimum paid-up capital?
Effectively none — companies can be formed with a nominal $1 of share capital.