Overseas Business Sponsorship
Program Overview
This passage outlines key aspects of the Standard Business Sponsor (SBS) program, particularly focusing on the distinctions between Australian Business Sponsors (ABS) and Overseas Business Sponsors (OBS). It covers how businesses can sponsor employees for the Temporary Skill Shortage (TSS) 482 visa and the requirements that overseas businesses must meet to become approved sponsors under this program.
Key Points
Types of SBS
Australian Business Sponsor (ABS): Businesses operating in Australia can sponsor TSS 482 visa holders. They must meet certain criteria regarding their lawful operation in Australia.
Overseas Business Sponsor (OBS): Businesses operating outside of Australia that do not have a physical presence in the country can also sponsor TSS 482 visa holders, subject to specific requirements.
Requirements for OBS
- Lawful Operation: Overseas businesses must demonstrate that they are legally established and operating under the laws of their home country.
- Registered but Not Operating in Australia: OBS may be registered with an ARBN or ABN, but if all operations occur overseas, they should apply as OBS.
Purpose of Sponsorship for OBS
- Sponsor TSS visa holders to help establish or assist with business operations in Australia.
- Fulfil contractual obligations within Australia.
Evidence for these purposes could include:
- A business expansion plan.
- A joint venture agreement with an Australian entity.
- A contract with an Australian party.
Sponsorship Period
The sponsorship period for both ABS and OBS starts on the date the approval is granted and lasts for five years. If a previous SBS approval exists, the new sponsorship begins immediately after the earlier approval ends.
Limitations for OBS
- TSS 482 holders sponsored by an OBS must work directly for the sponsor.
- OBS cannot sponsor employees for permanent visa pathways such as the Employer Nomination Scheme (ENS) or Regional Sponsored Migration Scheme (RSMS).