Director Services
Biointelect’s local expertise streamlines your entry into Australia’s R&D landscape, providing tailored solutions for subsidiary establishment, strategic project management, and access to a diverse partner network, enabling best strategic choices and partnership opportunities.
Director Services
Australia provides a globally competitive incentive to foreign-owned companies to conduct R&D activities in Australia. Whilst there is no requirement for intellectual property from eligible R&D projects to be held in Australia, it does require the establishment of a local subsidiary. This is where Biointelect can assist.
We offer a bespoke solution across the below service areas to project manage all aspects of the establishment and ongoing governance of the Australian company.
This places us in the position of trusted advisor through the product development pathway and ensures your product is best positioned for market.
In addition, with Biointelect’s strong database of partners, we can tailor and coordinate a range of company services to successfully navigate the Australian research and development landscape.
Biointelect has a network of Australian Institute of Company Directors (AICD) graduate directors with sector-specific expertise to ensure corporate governance and other business registration requirements are met, as well as to add strategic value.
Our Australian Resident Director Services include:
- Act as Resident Director.
- Offer Australian registered office services.
- Assess local audit and financial statement lodgement requirements.
- Co-ordinate company establishment.
Biointelect can take on the role of Company Secretary or will utilise our extensive industry network to recommend an experienced local partner.
Our Corporate Services include:
- Act as company secretary.
- Prepare annual corporate secretarial reports and maintenance of company records.
- Attend Board meetings.
- Prepare board papers and board minutes.
- Assist with insurance requirements
- Be the nominated ASIC agent.
The team at Biointelect will work with preferred experienced local partners to leverage the Australian targeted tax offset program.
Our Australian Resident Director Services include:
- Advice on the documentation required to lodge an eligible RDTI claim.
- Prepare agreements, commercial rationale, and financial modelling.
- Prepare all elements of an RDTI claim.
- Assess gaps and opportunities in RDTI claims currently in place.
- Assess eligibility for the R&D tax offset.
- Prepare and submit Advance and overseas findings with AusIndustry (if required).
Biointelect has an experienced team that will ensure all financial reporting requirements with the Australian Tax Office (ATO) are met according to timelines.
Our Financial Accounting Services include:
- Manage basic bookkeeping functions, including bank reconciliation.
- Prepare business activity statements (BAS).
- Prepare monthly GST reconciliation.
- Prepare and lodge annual tax returns.
- Act as the tax agent.
- Manage all ATO correspondence.
Why Biointelect for Director Services?
Beyond Directors
We offer more than local directors; we are life science experts, helping you to deliver a smooth launch and faster access for patients.
Trusted Partners
Leveraging our robust partner network, we provide full company services, guiding you through the Australian business landscape seamlessly, ultimately benefiting patients.
Local Expertise
Our team brings local expertise to ensure a seamless entry into the Australian market for your organisation.
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Get in Touch
Wherever you are in your new product journey, Biointelect’s unique expertise across each stage of the life science value chain means we are ready to bring your innovative life science to market.
Take the next steps in advancing healthcare for all by contacting our team of local Australian and global life science experts today.
