Trading as a Trust or Business Entity

[McLovin]

Doesn't it make sense to set up a company in the country you live though for convenience. In my case, the reason the services would be provided from other countries, is that it is much much cheaper to do so.

Who's billing the end user, the foreign company or you?

ETA: Now that I think about it, if the taxable amount is over $1,000 then whoever has bought it needs to pay GST. If they are a business the can claim it back.

 

[Starcraftmazter]

Who's billing the end user, the foreign company or you?

ETA: Now that I think about it, if the taxable amount is over $1,000 then whoever has bought it needs to pay GST. If they are a business the can claim it back.

The company, but why is it foreign?

 

[McLovin]

The company, but why is it foreign?

It doesn't matter. GST is levied on the buyer not the seller. If I import goods to Australia then I have to pay GST on them, the foreign company does not collect the GST, Australian Customs do. I can't see it being any different for services (with perhaps a difference in how the GST is collected).

Anyway, that's my lunch, back to work now.