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Migration Audit


 

Australia Migration Audit Service

Our professional accounting consultants provide Australia migration service and consulting to you.

Our firm has solid experience in preparing both of these reports in accordance with the requirements set out by the "Department of Immigration and Multicultural and Indigenous Affairs" ("DIMIA") for PRC business applicants. As we a Sydney based CPA firm with a good Hong Kong supporting networks, we have the competitive edge to prepare and present those reports in the most effective and efficient but less costly way for your business clients.

Application of state sponsorship for visa subclasses 188A, 188B 188C and 132 requires your clients to submit a business or investment proposal to the designated Australian state governments. Proposals submitted by applicants are assessed on an individual basis by a team of business professionals in each state government. Some states such as New South Wales and Queensland have even more stringent requirements on business proposals. Applicants are requested to demonstrate a sound understanding of their proposed business by detailing information on the market environment of the proposed business, financial projections, marketing strategy and so on. 

Australia Migration Audit Service Financial information requirement for each visa subclass are as follows:

ISRE 2400
Review Report

ISRS 4400
Special Purpose Report on Turnover

ISRS 4400
Special Purpose Report
on Investment Activity

Subclass 188 visa in the Business Innovation Stream

Subclass 188 visa in the Business Innovation Stream


Subclass 188 visa in the Investor Stream

Subclass 188 visa in the Investor Stream

Subclass 188 visa in the Investor Stream

Please contact us for more details

 

New Service : State/Territory Sponsor for business skill migration

Document checklist:

  1. Company Name: 
  2. Shareholder details (name, date of birth, place of birth (including city), shareholding structure (percentage of share holding for each shareholder), officer holder/company secretary name, registered share capital). Please note that minimum 1 shareholder must be Australian resident. 
  3. correspondence address

 

Australian migration new policy -(From 1 July 2021)

1. Important changes under 188A are:

  • Business turnover increase from AUD500,000 to AUD750,000;
  • Required net business and personal assets increase from AUD800,000 to AUD1,250,000;


2. Important changes under 188B are:

  • Required net business and personal assets increase from AUD2,250,000 to AUD2,500,000;


3. Important changes under 188C are:

The significant investment of at least AUD5 million must be invested in the following proportions:

  • At least AUD1 million in venture capital and growth private equity funds which invest in start-ups and small private companies
  • At least AUD1.5 million in approved managed funds. The managed funds must invest in emerging companies listed on the Australian Stock Exchange
  • A ‘balancing investment’ of at least AUD2.5 million in managed funds

 

Australian Consulate-General, HKSAR
Hong Kong Business Centre
Exchange Rates (Australian Dollar)

Hong Kong Dollar

Date/Year
2017
2018
2019
2020
2021
Mar 31
5.94
6.03
5.57
4.77
5.92
Dec 31
6.10
5.52
5.45
5.94
-

Chinese Yuan Renminbi

Date/Year
2017
2018
2019
2020
2021
Mar 31
5.27
4.82
4.76
4.37
5.00
Dec 31
5.08
4.85
4,89
5.00
-

Taiwan Dollar

Date/Year
2017
2018
2019
2020
2021
Mar 31
23.13
22.34
21.90
18.60
21.72
Dec 31
23.15
21.58
21.04
21.55
-

 

For balance dates other than those specified above, we recommend that you consult the following

website:
https://hongkong.china.embassy.gov.au/hkngchinese/vismg_bizmig.html

 

 

 
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