Foreign investors have obligations to report to the new Register of Foreign Ownership of Australian Assets from 1 July 2023 on a broad range of transactions relating to the acquisition, certain changes and disposal of interests in Australian entities, assets and land. The new Register represents a fundamental change to the Australian foreign investment regime as it not limited only to transactions for which approval is required and it is important that investors are not caught off guard and are aware of their reporting obligations when investing in Australia.
Geoff Hoffman and Megan Williams outline the key reporting obligations for investors and the practical steps to report to the new Register.
To learn more about the key market trends and latest legal developments in Australia, visit our Australian Market: the state of play page
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