Tuesday, August 24, 2010

Need advice for starting a gems business in Australia Sydney at present i am in India?

I would like to know the process and all other requirement need for starting a office in Sydney for gems business and also the process and the kind of visa i need to apply for it.


i shall be grateful to everyone for their advice


ThanksNeed advice for starting a gems business in Australia Sydney at present i am in India?
If you pass the financial criteria for entry (able to self support) then you have 1 year to set up your business as a going concern. If you fail their conditions you will be 'invited' to go home.Need advice for starting a gems business in Australia Sydney at present i am in India?
In Australia, no matter what your business is, you'd be undone by much higher labour costs. The legal minimum wage for adults is AUD$14.31 per hour, not to mention recruitment, insurance, worksafe and other compulsory administration costs. As a rule of thumb here, the actual cost of hiring someone is 2.5 times what they get paid pretax.





I'd advise you to keep your business in India and try to sell through a distributor instead.
You will need to apply for a Business Skills visa which will take 12-15 months if you meet all of the requirements. For information on the available business visas, go to:


http://www.immi.gov.au/skilled/business/鈥?/a>





You should also engage the services of an accountant in Australia who is experienced in the establishment of new, import based businesses.

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