Blog

For US technology (including AI), pharma and medical device, biotechnology and life science companies, establishing an Australian subsidiary to access the Australian R&D Tax Incentive (RDTI)—including a refundable tax offset of up to 43.5% of eligible R&D expenditure for eligible entities with aggregated turnover below AUD 20 million—can be an effective way to partially fund clinical trials.

As a founder, you need to be scrappy, take care of that bottom-line. We get that, we’re all for a DIY approach when it makes sense (psst we even help you do that through our very free document generator). But, there is a fine line. There comes a time where you need to rope in the legal pros—a lawyer’s experience and knowledge that comes from hours and hours of advising , doing deals and even cleaning up DIY-that-went-wrong is your best bet for the long-term.