NewsCase StudiesEvents

Financing a Business in Australia

Australia

Financing a Business in Australia

Australia Business Experts

Australia related forum posts

 

  1. Thank You Discovery Investment Loans

    Hello I have been trying to get a loan for some time now. due to the large sum amount of the money to expand my business in Finland but i was unable to get a loan because to my credit score All other corporation/bank turned me down. Till i was introduced by start up overseas to Discovery Investment LOANS and i was able to get a loan from them without any delay, So i am using this opportuni

    Total Posts: 1 Last post by egarinc-us

  2. Thank You Discovery Investment Loans

    Hello I have been trying to get a loan for some time now. due to the large sum amount of the money to expand my business in Finland but i was unable to get a loan because to my credit score All other corporation/bank turned me down. Till i was introduced by start up overseas to Discovery Investment LOANS and i was able to get a loan from them without any delay, So i am using this opportuni

    Total Posts: 1 Last post by egarinc-us

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

  • > The Motley Fool

    The Motley Fool is dedicated to helping the world invest better. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, mutual funds, and premium investing services.

    More Details Visit Website
  • > ABN Australia

    ABN Australia is an innovative professional services firm with a passion for helping international businesses launch and grow their business in Australia.

    More Details Visit Website
  • > Australian Corporate Governance (ACG)

    Looking to do business in Australia? Set-Up for Success from Day-One

    More Details Visit Website

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.