What are the legal requirements of crowdfunding in business?

The Australian Securities and Investments Commission (ASIC) defines equity-based crowd-sourced funding (CSF) as:

… a company raising funds—usually through an online intermediary—from a large number of individual investors who make relatively small financial contributions to the company… [and] a fundraising option for start-ups or small to medium-sized companies.[1] [Read more…]

Subclass 188 Visa – Investment in Australian business

Updated 06 February 2017

Foreign investors wishing to enter Australia for the purposes of managing a business or investing in Australian entities, will be required to obtain a Business Innovation and Investment (Provisional) Visa (Subclass 188 Visa).  This visa is valid for four (4) years, and allows the person to travel in and out of Australia for that period, bring family members to Australia, establish or acquire Australian businesses and make Australian investments.  The visa is a stepping stone to acquiring a Business Innovation and Investment (Permanent) visa (Subclass 888 Visa), which provides permanent residence to visa holders still associated with Australian businesses.

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