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Dexta Ltd Is a Company That Was Incorporated in Mexico

Question 20

Multiple Choice

Dexta Ltd is a company that was incorporated in Mexico and which has its head office in Canada. It carries on business in Australia and in a number of other countries. 55% of the shareholders of the company reside in Australia with the remaining 45% of shareholders spread across a number of countries. Is Dexta Ltd regarded as an Australian resident company?


A) No as although the company carries on business in Australia, the company does not have its central management and control in Australia
B) No, as although the company carries on business in Australia as the company does not have its voting power controlled by Australian resident shareholders
C) Yes as the company carries on business in Australia and has its central management and control in Australia
D) Yes as the company carries on business in Australia and has its voting power controlled by Australian resident shareholders

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