Venture Capital Registration - Australian Government

Service summary

You will require this

approval if you intend to register as an investor or limited partnership for the purposes of obtaining possible tax benefits relating to venture capital investing in companies.

Registration entitles a fund to flow-through tax treatment, which means that the limited partnership does not pay taxes on its income. Eligible foreign

investors in the fund are exempt from capital gains tax on their

share of any profits made by the fund.

Please consult the Contact Officer for more information.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

To be eligible for this registration:

  • Limited partnerships and general partners must be resident of, or established in, countries with which Australia has a double tax agreement in force;
  • Limited partners may be a resident of any country;
  • Partnership agreements must run for between 5 and 15 years; and
  • The entity must have committed capital of at least $10 million and the type of intended investment must be of an approved nature.

The application must be in writing on the approved form and include information about the general partner, limited partners, limited partnership deed, a copy of partnership agreements, capital raising documents and any other information the Agency may require.

Please consult the Contact Officer for more information regarding eligibility requirements.

Duration

Ongoing unless revoked.

Fees

 TypeDescription
ApplyApplication

No fees are required.

Forms

 Resources
Apply

Application for Venture Capital Registration - Please consult the Contact Officer for information on forms to be submitted.

Administering agency

Department of Industry, Innovation and Science
Industry
Business Services

Act(s) name

Venture Capital Act 2002 (Australian Government)

Contact details

Venture Capital
Department of Industry, Innovation and Science
Industry
Business Services


Operating address:
10 Binara Street
Canberra
Australian Capital Territory 2600
Mailing address:
GPO BOX 9839
Canberra, Australian Capital Territory 2601

Phone:

132846
VentureCapital@industry.gov.au

Supporting information

Disclaimer

The information contained on the Australian Business Licence and Information Service (ABLIS) web site, or via packages or other sources is intended for general guidance only.

To the full extent permitted by law, the Federal, State, Territory and Local Governments make no representations or warranties (expressed or implied) in relation to the information, including its accuracy, currency or completeness.

The business information provided does not constitute professional or legal advice, nor is the use of any third party resource an endorsement of the information contained, the associated organisation, product or service. It is recommended that you obtain appropriate professional and /or independent legal advice to ensure that the material provided here is relevant to your particular circumstances.

To the full extent permitted by law the Federal, State, Territory and Local Governments, their employees and agents do not accept any liability for any reason, including without limitation, liability in negligence, to any person for the general information which is provided herein, or in respect of anything, including the consequences of anything done, or not done, by any such person in whole or partial reliance upon the information.