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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 |
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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:
- Company Name:
- 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.
- 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
The Australia Migration Audit Service refers to an agency that provides financial audit and consulting services to individuals who are migrating to Australia, to ensure that they meet the immigration requirements. These audit reports are typically prepared in accordance with the requirements set out by the Department of Immigration and Multicultural and Indigenous Affairs (DIMIA).
The agency providing migration audit services has solid experience in this field. It is important to note that migration audit services are different from other types of migration consulting services.
Migration audit services are specifically designed to help applicants meet the requirements for migrating to Australia, whereas other types of migration consulting services can provide more general information and advice about migration to Australia.
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