457 employer changes business structure
Here is a common mistake made by the 457 employer.
When your employer wants to change its business structure from a sole trader to a company or a trust, they need to apply for a new sponsorship and new nomination for their 457 employees, even the owner, premises, employees remain the same.
This is because standard business sponsorship is linked to ABN. One ABN can only have one sponsorship. Their existing sponsorship is approved to the sole trader’s ABN. When they change the business structure to a company or trust, it is a completely different entity. They will have a new ABN. The sponsorship cannot be transferred to this new business.
Fail to do so, the 457 visa holder may beach 8107 condition, which may lead to visa cancellation and negative impact on their future application.
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