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Australia Presents Lucrative New Market for International Companies

MELBOURNE, Australia, May 28, 2014 /PRNewswire/ — A new service by Melbourne-based Allied Business Accountants is making it easier than ever for international companies to expand into the lucrative Australian market.

The%20Lucky%20Country%20for%20Foreign%20Companies Australia Presents Lucrative New Market for International Companies

Australia: The Lucky Country for Foreign Companies. Australia has experienced 22 years of uninterrupted growth and are forecasting future growth of 3.2 per annum.We boast an average household disposable income exceeding 31,000 US dollars per annum ($31,197) and we are experiencing over 12 per cent growth in online retail sales.

(Photo: http://photos.prnasia.com/prnh/20140527/8521402990)

With Australia’s 22 years of uninterrupted annual growth and the International Monetary Fund (IMF) forecasting 3.2 per cent average annual growth to 2017*, there are plenty of new market opportunities in the robust Australian economy.

Combined with Australia’s extensive Asia-Pacific trade links, an average household net-adjusted disposable income of US $31,197+ and 12 per cent growth in online retail#, Australia presents a lucrative new market for international companies.

The network of top accountants, lawyers and advisors at Allied Business Accountants is helping foreign companies leap the barriers to entering the Australian market with a new service that makes doing business in Australia easy.

“Establishing your foreign company and beginning trade in Australia need not be a restrictive objective if you have the right advice on board,” says David McKellar, chartered accountant and director of Allied Business Accountants.

“We manage all Australian taxation compliance obligations, act as your local agent and registered office, and provide access to a network of quality Australian suppliers to ensure your business operates effectively in Australia.”

Allied Business Accountants will also help you register your company in Australia with ASIC (Australian Securities and Investments Commission); structure your Australian branch to maximise profits; consult on tax planning and minimisation; provide management and accounting advice; prepare cash flow projections; and advise on local salary packaging, payroll and superannuation requirements.

Allied Business Accountants is a Melbourne based accounting firmspecialising in providing strategic advice and taxation services to business owners, investors and Self-Managed Superannuation Funds. We offer year-round support, advice and consultation to help our clients grow witha diverse range of services including taxation and compliance, business analysis, profit improvement, and tax minimisation. For more information, please visit www.alliedaccountants.com.au

David McKellar is available for interview. Please contact David McKellar on +61 3 9097 4050 or at david@alliedaccountants.com.au

SOURCES:* Australian Trade Commission / + OECD Better Life Index / # Roy Morgan Research

SOURCE  Allied Business Accountants

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