Set up your business in Australia

  • Home Set up your business in Australia

What Visa Do You Need to Set Up Your Business in Australia?

Eventus

Effective as of

Australia's thriving economy, supportive business environment, and high quality of life make it a popular choice for entrepreneurs looking to start their own business. If you're considering establishing your enterprise in Australia, understanding the visa options available is essential. In this article, we'll explore the most relevant visas for entrepreneurs and help you decide which one suits your business goals.

To legally set up a business in Australia, the most commonly used visas are Business Innovation and Investment Visa (subclass 188) and Entrepreneur Visa (subclass 188 – Entrepreneur stream). Here’s what you need to know about these options.

What is the Business Innovation and Investment Visa (subclass 188)?

The Business Innovation and Investment Visa (subclass 188) is designed for business owners, investors, and entrepreneurs who wish to own or manage a business or invest in Australia. This visa is temporary but can be a pathway to permanent residency through the Business Innovation and Investment (Permanent) Visa (subclass 888).


Key Requirements for the Business Innovation and Investment Visa (subclass 188):

  • Nomination by an Australian State or Territory: You must be nominated by a state or territory government to apply for this visa.

  • Business Plan: Applicants should provide a detailed business plan that demonstrates the potential success and benefits of their business in Australia.

  • Minimum Financial Requirements: The visa may require a certain level of personal and business assets, depending on the stream you apply under.

  • Proven Business Experience: For the Business Innovation stream, you need to have a successful business career and show evidence of management experience.

Conclusion

To set up your business in Australia, the Business Innovation and Investment Visa (subclass 188) and the Entrepreneur Visa (subclass 188 – Entrepreneur stream) are key options to consider. These visas provide a pathway for entrepreneurs and business investors to establish their ventures in Australia and potentially gain permanent residency. Make sure to review the specific requirements and processes for each visa to find the best fit for your business plans.

Our company is ready to assist you with visa applications and all related processes to ensure a smooth and successful experience. Whether you are looking to study, work, or start your business in Australia, we are here to help. Begin your application journey with us today.


Start Your Application Now

  1. Submit a copy of your business plan, proof of investment funds, and details of your business experience.
  2. Wait for visa application approval and fulfill any additional documentation requirements.
  3. Pay service fees in three parts:
    • 1st part: 155,000 INR at the start of the service.
    • 2nd part: 359,000 INR upon visa approval.
    • 3rd part: 289,000 INR after arrival in Australia.