Running your business in Sydney and NSW
So, you’ve done your research — you know Sydney and New South Wales enjoy a thriving business culture, an economy in perpetual growth and a lifestyle that attracts world-leading talent.
It’s time to find out what’s involved in running your business here. We’ve put together a handy guide to the employment, reporting and tax obligations you’ll need to meet when setting up your business.
Hiring employees in Sydney and NSW
When you run a business in NSW, you have access to a highly skilled and diverse workforce. But you also have certain legal obligations towards the people who work in your business. Whether you engage employees or contractors, you’ll need to consider workplace health and safety (WHS) requirements, working conditions and minimum rates of pay.
Read the business.gov.au checklist of things you need to do when taking on a new employee.
Your tax and reporting obligations
You’ll also have responsibilities when it comes to reporting your business activity and paying tax. You may have to report to both the state and Commonwealth governments.
To help you get started in running a business, we’ve included links below to websites you’ll need to access.
Need help understanding your obligations? Contact us — we’re here to help you set up your company or business in Sydney or New South Wales.
What you need to know about running a business in Sydney and NSW
- To understand your obligations as an employer to your employees visit the Fair Work Ombudsman website
Australian taxation system
- For an overview of Australian taxes visit the Australian Taxation Office and Austrade business taxes guide
- To understand New South Wales state taxes, see the New South Wales Revenue, Taxes and Duties
Business regulation in Australia
- For a guide to Australian business regulation visit the the Austrade business regulation guide
Discover more about running a business in NSW on our assistance page.