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Taking Business Stock into OZ


LYNMACMD

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Wonder if anyone can answer me this one, my OH has his job but over here in the UK I own a shop and I am wondering about starting up again in OZ what is the situation of bringing my stock into the country? Anyone been through this? Any advice much appreciated.

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Guest proud2beaussie

This could be quite a complicated matter,depending on how the business is structured,if you were to import the goods into Australia for the purposes of selling them then you would probably need an Australian Business Number,Register the business in the state in which you intend to run it,possibly register for goods and services tax etc.You may also have to pay both export duty in the Uk and import duty in Australia.

Its a very complex area.

I would suggest you read this article:

Trade & Transport Bulletin - Tax issues for cross border trade in goods | DLA Phillips Fox

and then contact the A.T.O on 132866.

and also check: Businesses

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