Establishing a company in Australia
Australia is the central country in Oceania, covering an entire continent that constitutes the sixth largest country in the world. It is situated between the Indian Ocean and the southern region of the Pacific Ocean, and its nearest neighbors are Indonesia to the northwest, Timor to the east, New Guinea to the north, the Solomon Islands, Vanuatu and New Caledonia to the east, and New Zealand to the southeast.
The earliest settlers reached Australia over 40,000 years ago and their aboriginal descendants still live there today. The British, headed by Captain James Cook, arrived in 1770. The official language is English, although Australians have their own unique dialect and accent. The establishment of a company in the country is an easily manageable and organized process, and the region offers myriad advantages for conducting business in Asia Pacific, such as advanced financial and technological infrastructure, an ideal business environment for this region, and a highly developed local capital market.
The Australian capital is Canberra, a small city roughly halfway between Sydney and Melbourne, the two largest and central cities in the country. Australia is comprised of six states and several additional territories, including New South Wales, Victoria, Queensland, South Australia, Western Australia, and Tasmania. The Australian Capital Territory and Northern Territory complete the list. The majority of the mainland is typified by a dry desert climate – the heartland of Australia is pure desert. Due to the enormous size of the country, climate may vary from region to region, with the coastal areas ranging from tropical to the north and temperate in the south.
As Australia is basically a huge continental island, it boasts long and spectacular beaches, and a subsequent “beach culture” that is an inseparable part of the Australia people. The country has some of the world’s most attractive beaches, particularly in the Great Barrier Reef on Australia’s east coast.
Tourism provides an important contribution to the Australian economy, primarily offering beach holidays, gorgeous vacation spots or exclusive getaways, such as the outback experience of Uluru, long trips (such as along the Nullarbor Plain), and a general atmosphere that is utterly unique to Australia.
Australia is isolated from other continents, a fact that has created unusual landscape and wildlife. This is evident in the variety of indigenous animals, many of which can only be found in Australia, such as the kangaroo, koala bear, various lizards, reptiles and the platypus.
Australia’s government is a constitutional monarchy as it still part of the Commonwealth, and Queen Elizabeth II is the official head of state. However, Australia functions as an independent and sovereign state that governs all domestic and foreign matters, so that its association with the UK is symbolic and historical in nature.