Experienced. Low cost. One stop shop.

Bentleys RDI BioPharma delivers a best practice, full service and low-cost solution for non-Australian controlled Biotech/MedTech enterprises seeking to create a presence in Australia and make use of the R&D Tax Incentive.

We have been supporting foreign controlled subsidiaries undertaking phase 1 and 2 clinical trials in Australia since 2012, with a full range of services under one roof including subsidiary incorporation, R&D Tax Incentive registration, accounting and tax compliance, virtual CFO, resident director, inter-company agreements and international tax structuring.

The Bentleys RDI advantage

The Bentleys team is a thought leader in the delivery of compliant, low-cost services that enable non-Australian groups to benefit from R&D Incentives through establishment of an Australian presence.

​Bentleys RDI is a long standing and leading provider of a full range of professional corporate and R&D Tax Incentive services delivered under one roof with a single point of contact and have supported over $100 million in R&D investments by foreign owned biotech’s in Australia operating through an Australian presence. Bentleys RDI possesses a national footprint with the experience of over 1,000 R&D Tax registrations, supporting over a billion dollars in R&D and innovation investments.

​With respect to our support of foreign biotechs, we present an established track record of value and compliance and have supported over $100 million in investments foreign subsidiary biotech investments in Australia without incident.

​More generally Bentleys RDI is part of a national accounting and advisory firm operate in the North American based Allinial Global network with almost 23,000 staff across 191 member firms and 71 countries.

In this high specialised space, the Bentleys RDI competitive advantage is demonstrated by:

  • ​Our full-service model, including resident director and international tax advisory, under one roof
  • Our track record of seamless service delivery, R&D Tax outcomes and overseas finding successes
  • Our technical expertise in R&D Tax, Biotechnology, Tax and Advisory
  • Our CRO alliances and industry networks
  • Our pricing model of a fixed, quoted fee without surprises and does not include ongoing monthly maintenance fees.

Our essential services

Bentleys is a full-service advisory firm, able to provide a one-stop shop of essential services with a single point of contact.

Our essential services can be tailored and packaged to suit your requirements and/or capability gaps. They include:

  • We will set up your Australian subsidiary, apply for a Tax File Number (TFN), Australian Business Number (ABN), manage Form 304 for Audit exemption, validate non-Australian officeholders provide an Australian Registered Head Office.
  • We will establish your Australian bank accounts providing you with remote account operating access, subject to bank identification validation of your authorised account operators.
  • We can provide an Australian resident director, company secretary and public officer for your subsidiary. It is mandatory that your subsidiary has at least one Australian resident director. We also set up the TGA portal as administrator (where your CRO is not appointed to undertake this work) and is necessary for clinical trials and import of trial materials.
  • We will draft your intercompany agreement, which is mandatory for R&D Tax eligibility, and liaise with your local legal and tax advisers, giving consideration to project generated intellectual property holding location, funding arrangements and transfer pricing implications.
  • We will interrogate your R&D plans and R&D activities to determine prospective eligibility and develop and lodge your annual R&D Tax Incentive registration application.
  • We will support any regulator queries or compliance activity.
  • We can develop and lodge any Advanced/Overseas Findings, which can enable you to register activities and claim the costs of R&D undertaken outside Australia in support of Australian experimental activities.
  • We can provide a full accounting and tax services including reconciling your bank statements, paying invoices, preparing your business activity statements, preparing your annual financial statements and lodging your tax return.
  • We can also provide full company audit services if required.

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