Export to Australasia and The Asia Pacific Rim
Export to Australia
With the Asia-Pacific region at the centre of global growth, Australia is uniquely positioned as a safe and reliable location from which to service that market.
Australia is a major trading nation, with eight of its top 10 export markets within the Asian region. Australian businesses have been trading with the Asia-Pacific for more than half a century and understand these markets, offering the benefits of experience and established trade and investment ties.
With these trade links, strategic location and a highly educated, multilingual workforce, Australia is uniquely positioned as a platform for growth. Australia also bridges the world’s major time zones, offering 24-hour access for global organisations.
Eight of Australia’s top 10 export markets are in Asia. By 2050 nearly two thirds of the world’s production and consumption will take place within the Asia-Pacific region. Australia has seven free trade agreements in operation, including Singapore, Malaysia, and Thailand, and another nine in development. Australia’s westernised consumer culture makes it an excellent test market for products intended for launch in North America and Europe.
Doing business in Australia
There are a number of important considerations for investors when deciding on how to enter the Australian market or when establishing a business in Australia.
Investors will generally need to choose between establishing a new company, registering as a foreign company or acquiring an existing company. If establishing a new business, a variety of business structures are available, each with their own regulatory and tax considerations. Businesses may also need to establish their identity through a trade mark, online and/or physical presence. Australia has a set of common structures that investors can use when establishing a business. The four main types are: sole trader; partnerships; trusts; and companies.
Investors need to consider carefully which structure best suits their business needs. The business structure will determine the licences necessary to operate, as well as tax and legal implications
To find out how The Exportto Group can help you to new business opportunities in Australia click here
Export to New Zealand
New Zealand is recognised globally as being a safe place to invest and do business. New Zealand has a strong banking sector that weathered the global economic crisis well. The parents of the four largest banks are Australian-owned and are all in the top 21 of the Global Finance World's Safest Banks index.
Doing business in New Zealand
Incorporating a business in New Zealand takes just one day, while registering a property takes only two. The country has a straightforward, business-friendly taxation system that supports capital development, research and development and international investment.
New Zealand boasts comparatively low developed-country business costs. Its labour costs are extremely competitive for a first-world country with a highly skilled and educated workforce.
Simple tax system:
New Zealand has a competitive and low-compliance tax system. It is third lowest in the OECD for time taken for taxpayers to comply with tax obligations (World Bank Doing Business, Paying Taxes. Note: the most recent round of data collection for the project was completed in December 2010).
In New Zealand there is:
New Zealand has a stable and internationally competitive economy. A wide range of free trade agreements, pro-competitive regulation, an efficient tax code, an open political system and the absence in almost all sectors of import tariffs or Government subsidies, have given rise to an efficient, globally competitive economy that facilitates both domestic and foreign investment.
State-owned enterprises are structured as corporations and compete on an equal footing with private sector counterparts.
A free and independent media ensures transparency in the corporate and Government decision-making processes.
Access to other markets
New Zealand's geographic proximity and extensive free-trade agreements (FTA) provide access to key global markets.
New Zealand currently has FTAs in place with:
China Australia Vietnam Philippines Cambodia Brunei Indonesia
Hong Kong Myanmar Thailand Malaysia Laos Singapore Chile
Negotiations are under way with India, Korea, Russia, Belarus and Kazakhstan, and New Zealand is a key driver behind the Trans Pacific Partnership.
To find out how The Exportto Group can help you to new business opportunities in New Zealand click here