Early Stage Innovation Company test requirements
the company must meet 4 requirements.
- The company must have been incorporated or registered in the Australian Business Register
- The company (plus any wholly-owned subsidiaries of the company) must have total expenses of $1 million or less in the previous income year
- The company (plus any wholly-owned subsidiaries of the company) must have assessable income of $200,000 or less in the previous income year
- The company's equity interests are not listed on any stock exchange.