Challenges Foreign Companies face when Setting up Business in Australia

Posted by Michael Derin on 18-Jan-2019 08:49:54



Australia is an attractive market to set up a business. Ranked third in the Asia Pacific region for overall competitiveness, and world wide for countries with a population over 20 million, it comes second to the United States. However, there are a number of considerations when choosing how to enter the Australian market.

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Topics: Azure Group News, ATO, international business, Starting business in Australia, strategic advisor, international tax, business strategy

5 Tips for Managing a Company from the other side of the World

Posted by Michael Derin on 17-Dec-2018 07:42:13



Running a business from the other side of the world can be kind of like a long distance relationship. There needs to be a great deal of trust and communication plus a lot of passion and commitment to keep it going.

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Topics: Azure Group News, international business, Invest in Australia, strategic advisor

Tech Tools that make doing International Business easy

Posted by Michael Derin on 04-Dec-2018 07:48:59



Doing business internationally has never been easier. Technology has not only solved many problems, but it has made it so cheap that companies of any size can be competing on the international market.

Here are some tech tools that will make your life easier when doing international business:

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Topics: Azure Group News, Tech Business, international business, Startup Australia, Technology Business, strategic advisor, international tax, international tax specialist, business strategy

6 Things you should consider before expanding Globally

Posted by Michael Derin on 14-Nov-2018 08:28:11



Expanding internationally is exciting and rewarding, but the hard reality is that every country in which you operate is different. Along the way, we’ve learned valuable lessons about conducting business across borders.

There are a few things you should consider before you start taking your Australian business globally.

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Topics: Azure Group News, international business, Business growth, Starting business in Australia, international tax, international tax specialist, expanding globally

If you sell your products overseas you may be eligible for the Export Market Development Grant

Posted by Michael Derin on 11-Oct-2018 08:45:29



If you have a local operation that produces or manufactures a product you know the challenges of running this sort of business. It might be successful and you might think it would be a good product to sell overseas. However, many Australian business owners struggle with the thought of exporting a product because of the complexities and expenses. Some great businesses with fantastic products just never leave our shores because it just isn’t financially viable to invest in the set up of such a venture.

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Topics: Azure Group News, international business, EMDG, Lodgement, Business accounting, Export Market Development Grant, EMDG Lodgment, EMDG application

Is it Perfect Timing to Invest in Australia?

Posted by Azure Group on 02-Oct-2018 08:38:14



We may have just faced yet another leadership change and cabinet reshuffle. But our political musical chairs hasn’t seemed to affect our ability to be an appealing investment prospect. With record low interest rates and stable unemployment we are a country with a lot going for it.

Australia is an economy that has proven it is resilient, adaptable and safe. As the world’s 13th largest economy it has a AAA rating by all three global rating agencies and is forecast to have an average annual read GDP growth of 2.9 per cent over the next five years. 

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Topics: international business, Investor, Startup investors, Property Investor, Invest assets, Invest money, Investment, Invest in Australia

What’s essential to Setting up properly in Australia?

Posted by Michael Derin on 23-Aug-2018 11:06:39

If you are looking to operate your foreign owned business in Australia there are a few things you need to consider. Making sure that you get some of the key components right from the beginning can save you a lot of headaches and costs later on down the track. Here are some of the key things we think you need to consider before commencing your operations:

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Topics: Azure Group News, international business, Startup Australia, Startup investors, Company Director, Sydney Accountants, Starting business in Australia, TFN

The language of Startups needs to Change

Posted by Michael Derin on 09-Apr-2018 13:20:07

We love Gary Vaynerchuk or Gary V as his fans know him. His book ‘Crushing it’ has certainly been an international bestseller as well as a New York Times best seller. But there is a call here in Australia for us to review the language that we are using in our start up community.

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Topics: Tech Business, Startups, international business, Startup Australia, leadership

Released Australia 2030 Plan: Prosperity through Innovation

Posted by Michael Derin on 26-Mar-2018 10:52:04

Australia may be small in population in comparison to other nations but we are innovative and creative and are real players in the technology space. So it is very exciting that the Australian Government and Innovation and Science Australia have recently launched Australia 2030 Plan: Prosperity through Innovation. This is a plan for Australia to thrive in the global innovation race.

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Topics: Tech Business, Startups, innovation, international business, Business growth, Prosperity through innovation, ISA, Australia 2030

Coming to Australia: The Pros and Cons of setting up a branch or subsidiary

Posted by Kelly Morgan on 11-Mar-2018 09:00:00

For overseas businesses that want to operate in Australia they firstly need to determine under what structure they want to operate in. This decision will impact on what tax they pay, where they pay it (ie. in Australia and or in their home country) and when.

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Topics: Startups, international business, Profitable business, Business accountants, Business structure, Subsidiary, ABN, ASIC