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Gilbert + tobin - Gilbert and Tobin

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about this guide<br />

Doing business in Australia answers some of the most common questions an overseas<br />

investor may ask when establishing a business presence in Australia. It aims to provide<br />

an introduction to the laws of Australia for overseas legal practitioners.<br />

This guide is divided into three main areas:<br />

+ + Section 1 provides an overview of Australia’s government,<br />

legal system <strong>and</strong> important regulatory bodies.<br />

+ + Sections 2, 3 <strong>and</strong> 4 answer some of the threshold questions an<br />

investor faces in considering how to enter the Australian<br />

market, such as:<br />

- whether foreign investment approval is required or<br />

recommended for the particular investment;<br />

- if the investment relates to the establishment of a new<br />

business, whether that business should be set up as a<br />

branch office or a subsidiary of the parent company; <strong>and</strong><br />

- if the investment relates to the acquisition of an<br />

existing business, whether takeover laws will apply.<br />

+ + Sections 5-19 provide a summary of some of the important<br />

rules <strong>and</strong> regulations governing an investor’s day-to-day<br />

business activities in Australia.<br />

Unless otherwise indicated, a reference to a “section” is a<br />

reference to a section of this guide.<br />

A glossary at the end of this guide sets out a list of all regulatory<br />

authorities <strong>and</strong> legislation referred to in this guide.<br />

All dollar amounts are in Australian dollars.<br />

As with other guides of this type, the information provided is of a<br />

general nature <strong>and</strong> is meant to aid the reader in identifying issues<br />

for which additional expertise must be sought. It is not a substitute<br />

for obtaining more detailed advice <strong>and</strong> it does not take into<br />

account the particular circumstances of the reader.<br />

This guide is current as at April 2013.<br />

PAGE 2

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