Expanding your business in Australia can be a huge opportunity for company growth. Australia is the 12th largest economy in the world, and has few barriers to entry with a legal and corporate framework similar to the United States.
But expanding and managing payroll in Australia isn’t as easy as it sounds – there are challenges to starting or expanding your business. There are tax structures and required payments each year that can be extremely time consuming if you do not have a local partner in-country. Setting up the correct business structure, determining licenses necessary to operate, and registering with the Australian Securities and Investments commission are just a few steps to getting up and running in Australia.
From startups to growing enterprises, companies with operations in Australia require sophisticated payroll management software and global payroll solutions. With the right payroll management software, it’s possible to streamline processes and ensure total payroll compliance.
Whether you are already doing business in Australia, or looking to expand, you need a partner who can manage the laws and regulations for corporate payroll and tax. There are mandatory retirement benefits paid by employers that change each year, as well as tax laws and compliance requirements for payroll. As an industry leader, Blue Marble Payroll equips your organization with the knowledge and global payroll solutions you need to achieve success in your operations and payroll in Australia and other international locales.