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Thanks for everyone's comments. I've found some examples from ATO web site regarding the CFC and I will double check with my accountant. I will probably check with another accountant just in case.

Yes, I will be lending the company the deposit. Are there any accountants specialised in this area?

Thanks Terry. The company will only purchase investment properties and receive rental incomes. The company will be set up in Hong Kong. Will you be able to provide further advice on this?

Thanks for the reply. This is what I think, but since I will own 100% of the company, I believe it will become a controlled foreign company (CFC) and I am not sure if this will make any differences.

I am going to set up a company in an overseas country which is not a Listed Country or Section 404 country according to the ATO web site: https://www.ato.gov.au/Individuals/Tax-return/2014/In-detail/Publications/Foreign-income-return-form-guide-2013-14/?page=27#Attachment_A If the only...