Location shot for Australia Company Incorporation

Australia Company Incorporation


The Australian government provides incentives to investors interested in Australia company incorporation on a case by case basis. Here are some of the incentives offered:
Incentives to encourage Australia company incorporation
1.
Introductions to relevant government agencies and professional service providers.
2.
Assistance in training, research & development (R&D) and export market development;
3.
Assistance with obtaining information for site selection;
4.
Sales tax exemption for selected used equipment;
5.
Streamlined immigration procedures;
Incentives available to support Australia company incorporation
1.
Under the Australian Trade Commission's (Austrade) Export Markets Development Scheme, 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 view this Austrade webpage.
2.
Australian government agency AusIndustry provides a range of programmes to help Australian companies with their research and development (R&D) work, including:
  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;
  ii)
Pharmaceutical Partnerships Program, which provides grants of up to 50% of R&D expenditure on eligible pharmaceutical R&D activities in Australia;
  iii)
Commercial Ready, a programme which is providing A$200 million in competitive grants to small and medium-sized businesses between May 2004 and November 2010;
  iv)
Renewable Energy Development Initiative to support the innovation and commercialisation of renewable energy. The initiative provides grants of between A$50,000 and A$5 million for R&D activities, proof of concept and early-stage commercialisation projects.
Incentives Criteria
The Australian government considers some of the following criteria when assessing eligibility for Australia company incorporation incentives:
1.
Whether the Australia company incorporation is likely to provide significant net economic benefits to the country.
2.
Whether the investment would occur in Australia without the incentive.
3.
Whether the investment involves substituting existing production capacity in Australia to provide an unfair advantage over rival projects
Other points to consider with Australia company incorporation incentives
1.
Both foreign and Australian investors are eligible for incentives to encourage Australia company incorporation.
2.
Australia's State and Territory governments also actively court inward investment and may offer incentives to encourage Australia company incorporation.
3.
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.
Other information
For further information on Australia company incorporation, please follow these links:
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Contact Us
For more 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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