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  • #977660
    Etched Cards
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    Hello.
    Im a student in australia on a student visa. I am working 20 hours a week on my TFN and i am not allowed to work more per week. Now i have an idea for an internet store (i would order stuff, stock it in my house and send it via post). I know i need an ABN but my main question is about working hours. Can i still be working for TFN and ABN at the same time? If so how the whole 20 working hours thing would work? I wont quit my main job and would be still working 20 hours there but does having and managing internet store counts and adds aditional working hours? How the goverment would know how many hours i spend managing my store because in theory it can be as little as 5 minutes? Im really new to this and have no idea how the whole thing works.

    Thank you.

    #1099749
    MajorVenuePromotions
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    in theory someone else could be running your business for you but using your abn so there should be no real implications there, however do check the legalities of running a business in australia under your visa as I believe this is only allowing you to work for australian businesses

    #1099815
    MajorVenuePromotions
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    in theory someone else could be running your business for you but using your abn so there should be no real implications there, however do check the legalities of running a business in australia under your visa as I believe this is only allowing you to work for australian businesses

    #1099752
    DanielM
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    Are you referring to an ebay type business? How do you plan to drive customers to your new website? I would think that it should not matter but I would always check local law just to be safe.

    Daniel

    #1099816
    DanielM
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    Are you referring to an ebay type business? How do you plan to drive customers to your new website? I would think that it should not matter but I would always check local law just to be safe.

    Daniel

    #1099754
    Anonymous
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    Hi Paul LK,

    Welcome to Flying Solo :)

    This help might contain some helpful info for you: http://www.flyingsolo.com.au/forums/starting-business/12007-abn-student-visa.html

    All the best,
    Jayne

    #1099817
    Anonymous
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    Hi Paul LK,

    Welcome to Flying Solo :)

    This help might contain some helpful info for you: http://www.flyingsolo.com.au/forums/starting-business/12007-abn-student-visa.html

    All the best,
    Jayne

    #1099756
    Alan Maddick
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    The other thread sums it up well, i would be looking at forming a company if you are serious about your business over here as it is a structure that will still work if you return OS.

    You still need to stay under 20hrs but a company is easier to show as a separate entity to you. As a non resident you need either a resident director to assist with the company or an Australian Accountant willing to act as ASIC nominee for your company (like us)

    There are costs to this option but as I said if you are serious then it is something to discuss with your adviser.

    #1099818
    Alan Maddick
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    The other thread sums it up well, i would be looking at forming a company if you are serious about your business over here as it is a structure that will still work if you return OS.

    You still need to stay under 20hrs but a company is easier to show as a separate entity to you. As a non resident you need either a resident director to assist with the company or an Australian Accountant willing to act as ASIC nominee for your company (like us)

    There are costs to this option but as I said if you are serious then it is something to discuss with your adviser.

    #1099758
    Etched Cards
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    SmallBusinessWorks, post: 112528 wrote:
    The other thread sums it up well, i would be looking at forming a company if you are serious about your business over here as it is a structure that will still work if you return OS.

    You still need to stay under 20hrs but a company is easier to show as a separate entity to you. As a non resident you need either a resident director to assist with the company or an Australian Accountant willing to act as ASIC nominee for your company (like us)

    There are costs to this option but as I said if you are serious then it is something to discuss with your adviser.

    Can you give more information about company nominee and how the whole thing works? If i already work 20 hours does that mean that by the time i create abn and start working on it i need to quit the old job?

    thank you.

    #1099819
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    SmallBusinessWorks, post: 112528 wrote:
    The other thread sums it up well, i would be looking at forming a company if you are serious about your business over here as it is a structure that will still work if you return OS.

    You still need to stay under 20hrs but a company is easier to show as a separate entity to you. As a non resident you need either a resident director to assist with the company or an Australian Accountant willing to act as ASIC nominee for your company (like us)

    There are costs to this option but as I said if you are serious then it is something to discuss with your adviser.

    Can you give more information about company nominee and how the whole thing works? If i already work 20 hours does that mean that by the time i create abn and start working on it i need to quit the old job?

    thank you.

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