Bank Ready
Tadpole helps you open an Australian business bank account efficiently, even with foreign shareholders and strict KYC/AML checks. We coordinate the paperwork—ACN/ABN, IDs, board resolutions, authorised signatories and bank forms—so you meet bank requirements with minimal back-and-forth.
Tadpole streamlines Aussie bank onboarding
Opening a business bank account in Australia as a foreign shareholder involves a few essential steps to ensure compliance with Australian banking regulations and anti-money laundering laws. Foreign company shareholders will typically need to provide identification documents and foreign company business registrations or certificate of Incorporation. Some banks may also require the foreign shareholder to visit Australia in person to complete the account setup process, although certain banks might offer remote account opening options under specific circumstances.
Partnering with a local representative or service provider can facilitate this process, ensuring that all necessary documentation is prepared and that the bank’s requirements are met efficiently, enabling smooth financial operations for the Australian business entity.
Learn more about our Incorporation services:
- FIBRE
- OVERSEA DIRECT INVESTMENT
- COMPANY REGISTRATION
- PROVISION OF RESIDENT OFFICEHOLDERS
- REGISTERED OFFICE
- BANK ACCOUNT OPENING
Corporate documents
Certificate of incorporation/business registration and core company records.
KYC for key persons
Identification for directors, beneficial owners, and authorised account operators.
Australian entity details
Subsidiary registration evidence (ACN/ABN) plus proof of business/registered address.
Account authority pack
Completed bank application/forms and a board resolution appointing authorised signatories.
Tax and supporting checks
Tax identification (or equivalent) and, if requested, bank/professional reference letters.
Neeed help Understanding?
Schedule a call with Dr. Qiao to see where Tadpole Bio can help you scale in Australia.
Advisory support for every stage of your biotech journey
Partner with Tadpole Bio to turn regulatory and commercial complexity into strategic advantage.