This chapter is an extract from LegalVision’s 10 Things To Know Before You Bring Your Startup to Australia Guide. Download the full guide here.
Access to Other Markets
Australia is considered a springboard into the Asia-Pacific. The country’s free trade agreements, business links and close proximity to the region have earned Australia the title, ‘the gateway to Asia’. Many international startups are using Australia as their base as they attempt to break into this new market, for example, San Francisco-based FinTech firm Hyperwallet.
The Federal Government’s Landing Pads program is set to further increase accessibility and connectivity to other markets for Australian startups. Currently, there are landing pads in Singapore, Shanghai, Tel Aviv, Berlin and San Francisco.
There is exciting growth in Australia’s young startup ecosystem. But it’s important to consider a number of key commercial and legal issues to best capitalise on this opportunity. Increasing venture capital investment, favourable tax breaks for innovative startups and their investors, a transparent regulatory framework and an attractive quality of life all make Australia a favourable destination for your startup’s expansion. We wish you all the best for your future business endeavours in Australia.
If you have questions about this Manual or about your online business before you start reading, you can contact LegalVision’s startup lawyers by calling 1300 544 755 or filling out the form on this page.
This chapter is an extract from LegalVision’s 10 Things To Know Before You Bring Your Startup to Australia Guide. Download the free 31-page manual which includes information on government incentives, economic trends, geographical considerations, building a team, visas, how to protect your brand and how to set up in Australia.
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