I'd rather you saved the beer money to pull in a prospective customer, and
the cash to build your business. (FYI I'm a Chartered Accountant).

As for the answer to your question, you're going to need at least one board
director who is Australian. As a private company, you only need to have one
directory minimum, but that's assuming they are Aussie.


Elias Bizannes
http://liako.biz


On Sat, Feb 21, 2009 at 6:19 PM, Lee <[email protected]> wrote:

>
> Hey guys,
> I have met some of you through OpenCoffee, StartUp Camp etc and I
> thought this might be a good forum to tap up some expertise on
> business structure.
> I am here in Sydney on my girlfriends temporay visa (4 years) while I
> wait for my residency application to be processed (who knows how long
> that will take), does any one have any knowledge on what restrictions
> apply to a non resident with regard setting up an Australian based LTD
> company. I have heard that you must have at least 1 Australian
> resident as director and secretary?
>
> Any accountants on here that are willing to sit down with me for a
> quick chat in return for beer / cash?
>
> Thanks
> Lee
>
> >
>

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