UKFamilymovingtoAus Posted November 17, 2020 Share Posted November 17, 2020 Hi, We recently arrived in Australia on TSS 482 (my partner is main applicant for TSS 482 visa, I am in Australia as a dependent/secondary applicant). Below are the details of my my visa as mentioned on VEVO. Am I allowed to setup a new Private Limited company in Australia and do business? My visa does say "unlimited Work Entitlements" but it does not explicitly mention "allowed to setup company and do business". Hence, just thought to confirm before I setup my company and do consultancy work through it. Also, our visa is only for two years. Although we will get visa extension and PR, what happens to the company if we leave after two years? Visa class / subclass: GK / 482 Visa stream: Medium-term Visa applicant: Secondary Work entitlements: The Visa Holder has unlimited Work Entitlements Study entitlements: The Visa Holder has unlimited Study Entitlements Thx for reading my post. Quote Link to comment Share on other sites More sharing options...
paulhand Posted November 17, 2020 Share Posted November 17, 2020 From an immigration perspective, that’s fine. You should address any other business related questions to an accountant. Quote Link to comment Share on other sites More sharing options...
UKFamilymovingtoAus Posted November 17, 2020 Author Share Posted November 17, 2020 Thx a lot Paul for reading the post and taking time to reply. So, the fact that the vivo does not explicitly mention "Business allowed" is not of any concern? Or is it the case that "business" is kind of work and hence included in the "The Visa Holder has unlimited Work Entitlements" clause? Is there some link immi.homeaffairs.gov.au website mentioning this? Thx again. Quote Link to comment Share on other sites More sharing options...
Marisawright Posted November 17, 2020 Share Posted November 17, 2020 (edited) I wouldn't think it worthwhile to set up a private limited company, considering you may be leaving after two years. It would make a lot more sense to run the business as a sole trader. You just need to register for a ABN (Australian Business Number). You don't even need to register for GST if your turnover is below a certain amount. Then just start work. You might find this website helpful. https://www.flyingsolo.com.au/ It's very common for spouses of 482 holders to run their own businesses as sole traders. Edited November 17, 2020 by Marisawright Quote Link to comment Share on other sites More sharing options...
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