Business Innovation and Investment (Provisional) Visa (Business Innovation Extension Stream) Subclass 188

For a registered patent or design, provide evidence that proves that you own it.

The relevant national or regional intellectual property administration office must issue this evidence. It must include enough information that we can assess whether your ownership meets the points requirement.

Also provide a statement outlining how the registered patent or registered design is relevant to your main business.

This statement must also show how it is applied in the day-to-day activities of the business. You must be able to provide evidence to support any claims made in the statement if we ask you to.

For a registered trademark, provide evidence that proves ownership of the trademark.

The relevant national or regional intellectual property administration office must issue this documentation. It must include enough information that we can assess whether your ownership meets the points requirement.

Also provide a statement outlining how the trademark is relevant to your main business. This statement must also show how it is applied in the day-to-day activities of the business. You must be able to provide evidence to support any claims made in the statement if we ask you to.

For a joint venture agreement, provide a copy of the agreement showing:

• the details of the respective rights and obligations of the parties to the joint venture
• that you entered the agreement at least one year before we invited you to apply for this visa
• that your business is a party to the joint venture

Also provide a statement outlining:

• how you used your skills at a senior level in the day-to-day management of the joint venture business
• evidence to support the claims made in the statement
• that the joint venture was operated in accordance with the joint venture agreement

For export trade, provide:

Evidence that at least 50% of the turnover of your main business related to export trade. This must be the case for at least 2 of the 4 fiscal years before we invited you to apply for this visa. You could provide:

• monthly or annual tax returns showing the cumulative export sales of the main business for the year
• customs declarations
• the underlying source documents in relation to the export transactions

We might ask you to provide a special-purpose report prepared by a qualified accountant attesting to your claim.

For a gazelle business, provide:

• evidence that your main business was registered no more than 5 years before we invited you to apply for this visa such as a business licence or company extracts
• the financial statements of the main business, with supporting tax documents, to show an average annualised growth in turnover greater than 20% per year over 3 consecutive fiscal years

Also provide evidence that you have had 10 or more full-time employees for at least one fiscal year. This must be the same consecutive 3-year period claimed for growth in turnover. You could provide taxation records, insurance or superannuation documents or similar business records identifying each employee by name.

To show receipt of grant or venture capital funding, provide:

• certified copies of a grant letter and bank records to show the transfer of a government grant of at least AUD10,000 from the government to you or your main business
• a copy of the final contract between you and the venture capital firm and evidence of the receipt of the venture capital funding of at least AUD100,000
• evidence that you received funding from either the government grant or a venture capital firm within the 4 years before we invited you to apply for this visa