All private companies registered in Australia are required to appoint a local Australian resident as a director of the company at all times. This Australian and Securities Commission (ASIC) regulation is designed to help ensure that the company remains compliant with its regulatory obligations.
The director residency rule can be a major hurdle for overseas businesses wishing to establish a subsidiary or other business presence in Australia. Lotus Accountants is able to provide Resident Director services to eligible companies.
ASIC Registered Agent
To assist with the obligations and complexities of dealing with Australias Corporation Law's we provide an annual ASIC registered agent service.
Xero provides access to global markets for clients so it makes sense that we use our global networks to assist in cross border transactions for your business.
If you are interested in joining us please email us or