Why every foreign registered company in Australia needs an ASIC local agent
Registering your business in Australia as a foreign company can open up tremendous opportunities: a stable economy, a skilled workforce and access to a vibrant Asia-Pacific region. However, operating as a foreign company in Australia requires compliance with the Corporations Act 2001, and one of the most crucial obligations is the appointment of a local agent with the Australian Securities and Investments Commission (ASIC).
By Ro Elvinia