Summary of Key Criteria - Established Business in Australia 845/846

Summary of Key Criteria – Established Business in Australia 845/846
Criteria	Established Business in Australia Subclass 845	State/Territory Sponsored Regional Established Business in Australia 846
Before application	Has been in Australia at least 9 of the 12 months prior to application Has had Ownership interest in 1 or more established businesses in Australia for a period of 18 months immediately prior to making application and continues to have an interest	Has been in Australia at least 12 of the 24 months prior to application Has had Ownership interest in 1 or more established businesses in Australia for a period of 2 years immediately prior to making application and continues to have an interest The business has had throughout the 2 years prior to application turnover of $250,000 or exports of $100,000
Business Background	Overall successful business career	Overall successful business activity
Net Assets - Personal	AUD $250,000 12 months prior to application	AUD$200,000 2 years prior to application
Net Assets in business	AUD $100,000 for a period of at least 12 months prior to application.	AUD $75,000 for a period of at least 2 years prior to application.
Role in overseas business	Must have been making day to day management decisions and control of overall direction of the business for a period of at least 12 months prior to application.	Must have been making day to day management decisions and control of overall direction of the business for a period of at least 2 years prior to application.
State/Territory Government	Not applicable	Appropriate regional authority has been notified and appropriate notification from regional authority is submitted with application
Nil unacceptable business activity	Neither applicant or spouse has history of unacceptable business activities	Neither applicant or spouse has history of unacceptable business activities
Points test	Must pass the points test pass mark currently 105 points	Must pass the points test pass mark currently 105 points

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