Start-up businesses for Subclass 186 and 187 visa

Effective July 1st, 2014 a start-up business must provide business activity statements for each complete quarter from the time of commencement of operations up until the time the nomination is lodged. The start-up business will not be determined to have been actively operating until the ABN and/or ACN of the business has been registered in addition to the business physically operating.

If a business has operated for a long period of time but has changed ownership or structure resulting in a new ABN and ACN being required, this business is now considered a start-up business.migration_business