There are a couple of options to consider. You can create a joint venture agreement, whereby profits attributed to the Australia operations are directed to the Australia partner, or it may make sense to form a separate subsidiary entity with multiple share classes. Your company can own the voting shares while the Australian partner can retain the non voting common equity. Consideration should be given to the tax implications of the arrangement. There is an Australia-U.S. income tax treaty in place, so the treaty implications should be assessed to ensure its the most tax advantageous arrangement for both parties. If the subsidiary is formed in the U.S. there will likely be federal withholding taxes on the dividend distributions to the Australia partner.