# Main business

> reg-1.11 — as in force on 2026-06-01 — F2026C00497 · Compilation No. 287 — https://www.legislation.gov.au/F2026C00497/latest/text

1.11 Main business
          (1) For the purposes of these Regulations and subject to subregulation (2), a business
              is a main business in relation to an applicant for a visa if:
                (a) the applicant has, or has had, an ownership interest in the business; and
                (b) the applicant maintains, or has maintained, direct and continuous
                    involvement in management of the business from day to day and in making
                    decisions affecting the overall direction and performance of the business;
                    and









                 (c) the value of the applicant’s ownership interest, or the total value of the
                     ownership interests of the applicant and the applicant’s spouse
                     or de facto partner, in the business is or was:
                       (i) if the business is operated by a publicly listed company—at least 10%
                           of the total value of the business; or
                      (ii) if:
                                (A) the business is not operated by a publicly listed company; and
                                (B) the annual turnover of the business is at least AUD400 000;
                           at least 30% of the total value of the business; or
                     (iii) if:
                                (A) the business is not operated by a publicly listed company; and
                                (B) the annual turnover of the business is less than AUD400 000;
                           at least 51% of the total value of the business; and
                 (d) the business is a qualifying business.
          (2) If an applicant has, or has had, an ownership interest in more than 1 qualifying
              business that would, except for this subregulation, be a main business in relation
              to the applicant, the applicant must not nominate more than 2 of those qualifying
              businesses as main businesses.