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The Australian government provides incentives to investors interested in Australia company incorporation on a case by case basis. Below are some of the incentives offered: |
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Incentives to encourage Australia company incorporation |
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| 1. | Introductions to relevant government agencies and professional service providers. |
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| 2. | Assistance with obtaining information for site selection; |
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| 3. | Assistance in training, research & development (R&D) and export market development; |
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| 4. | Streamlined immigration procedures; |
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| 5. | Sales tax exemption for selected used equipment. |
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Incentives available to support Australia company incorporation |
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| 1. | Under the Australian Trade Commission's (Austrade) Export Markets Development Grants, small and medium-sized Australian companies are encouraged to develop their export markets. Eligible companies can receive up to 50% reimbursement on export promotion expenses above a threshold of A$10,000. To be eligible, companies must have spent more than A$10,000 over two years on export marketing expenses. For further information, kindly visit the Export Markets Development Grants (EMDG) page. |
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| 2. | Australian government agency AusIndustry provides a range of programmes to help Australian companies with their research and development (R&D) work, including: |
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| i) | R&D tax concession, which allows companies to deduct up to 125% of qualifying expenditure incurred on R&D activities when lodging their corporate tax return; |
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| ii) | Green Car Innovation Fund, which provides grants of 25% of expenditure on projects that promote the R&D and commercialization of Australian fuel optimization or greenhouse gas emission reduction technologies in passenger motor vehicles; |
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| iii) | The Textile Clothing and Footwear Strategic Capability Program which will match dollar for dollar the R&D expenditure in innovative projects that aim to improve Australia’s Textile Clothing and Footwear industry; |
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| iv) | Retooling for Climate Change that provides grants of between $10,000 to $500,000 to small and medium sized Australian manufacturers with projects that aim to improve their environmental footprint. |
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Incentives Criteria |
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The Australian government considers some of the following criteria when assessing eligibility for Australia company incorporation incentives: |
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| 1. | Whether the Australia company incorporation is likely to provide significant net economic benefits to the country. |
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| 2. | Whether the investment would occur in Australia without the incentive. |
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Whether the investment involves substituting existing production capacity in Australia to provide an unfair advantage over rival projects |
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Other points to consider with Australia company incorporation incentives |
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Both foreign and Australian investors are eligible for incentives to encourage Australia company incorporation. |
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Australia's State and Territory governments also actively court inward investment and may offer incentives to encourage Australia company incorporation. |
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Australia has strong Intellectual Property (IP) laws in place for those planning to set up a company in Australia to develop or utilise trademarks, copyrights and patents. |
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Other information |
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For further information on Australia company incorporation, please follow these links: |
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Contact Us |
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For additional information on any of our Australia company incorporation services, email email@healyconsultants.com or call us in Sydney at +61 280 147 568 |
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Back to Australia Company Formation page. |
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