Australia
Financing a Business in Australia
Australia Business Experts
Australia related forum posts
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An e-commerce business in Australia
Hi,we have an e-commerce company www.embroiderymaterial.com in India which is specialise in dealing with embroidery, beading and jewellery making supplies. Now, we want to set up the same e-commerce business in Australia.we are looking for someone who has the deep knowledge about the compliance, operational cost, recurring cost, Payment gateway, local tax, Courier partners etc of Australia.
Total Posts: 1 Last post by embroiderymaterial
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Want to start business in australia.
Hi,I want to start a pharmaceutical, FMCG distribution in australia, can anyone guide me how to commence and get the opportunity to work in australia?
Total Posts: 1 Last post by tavseefs
Financing a Business in Australia
The Australian Government is particularly keen in attracting foreign investment. As a long-term direct foreign investor, you will be more than welcome in the open economy of the country. Remember that the keyword in the last years has been deregulation.
A case-by-case approach
Government grants, aids or funding are allotted on a case-by-case basis by the Foreign Investment Review Board which is administered by the Treasurer. Proposals must be submitted to the FIRB Board and often include: substantial foreign takeovers, the establishment of major new businesses, all investments in civil aviation and the media, business involved in direct investments by foreign governments or their agencies. Foreign investors are encouraged to increase the availability of urban residential accommodation but not to acquire the land for investment purposes.
More Incentives
Research and Development
Incentives regard Research and Development (which enable companies to claim deduction from 125% to 175% of R&D expenditure in projects involving innovation or technical risk)
Multinational corporations
A number of concessions are designed to encourage multinational corporations to establish their Asia Pacific regional headquarters in Australia. These concessions include tax deductions for certain costs of locating RHQs in Australia, and an exemption from withholding tax on certain dividends distributed through Australia
Others
Incentives are also designed to encourage business to remain in the State, or to encourage businesses to move to or set up in the State. These schemes range from pay-roll tax rebates and holidays, to low-cost land for new businesses, to financial and relocation assistance. Contact www.firb.gov.au to know what kind of incentives are available for you.
Click here to Ask an Expert about Financing a Business in Australia
Organisations that can assist with Financing a Business
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> Need to open a bank account in this country?
Business Banking advice Advice on which type of bank account would best suit your business. Help making payments – and getting paid.
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> Anglo Australian Business Agency
Protect your assets and realise your potential.... go International
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> Looking for funding to startup overseas?
Does your business need finance to trade internationally?
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> Australian Business Migration Group
We support companies, families and individuals who are looking to migrate to Australia.