If an entity satisfies the definition of 'foreign company' in section 9 of the Corporations Act 2001 (Corporations Act) - that is, generally, a company registered outside Australia - it must be registered with ASIC to carry on business in Australia.
Last updated: 3 September 2020 On 29 March 2020, the Treasurer announced that due to the impacts of the coronavirus outbreak, all monetary screening thresholds will be temporarily reduced to $0. The Foreign Acquisitions and Takeovers Amendment (Threshold Test) Regulations 2020 gave effect to this temporary change.
Curated links to help get us all through the pandemic [Covid info, available grants, Gov. apps, remote working survival kit, info for employers ]. Cover image courtesy of Sharon McCutcheon: Unsplash
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