Jack Qi is one of Australia’s leading accountants and advisors to the technology sector, specialising in startups, scaleups and founders. Jack is driven by a passion for helping founders and entrepreneurs succeed. Through his industry-focused skillset and commercial acumen, Jack has a track record of growing startups and scaleups into established, impactful tech companies.  

A technology company’s accountant plays a critical role in its success. To help businesses commercialise, scale and go global, Jack’s focus is on three key pain points – accessing funding, attracting talent and customer acquisition.

He understands tech companies need an advisor who has the experience to answer their questions quickly and efficiently, whilst also giving them the forward-looking guidance to avoid the financial and tax pitfalls that catch out founders and distract them from their focus.

As tech companies scale, their requirements typically become more complex very quickly. Jack and his team have extensive experience in advising growing tech companies on:

• R&D tax incentive claims that optimise strategy, risk, accessing early refunds
• Employee share schemes / ESOPs with a focus on design, tax efficiency and scalability
• ESIC eligibility and investor considerations
• Capital raising readiness that considers tax, structuring and due diligence
• International expansion, including cross border tax structuring, overseas subsidiaries, flip-ups and transfer pricing
• Tax structuring, capital gains tax (CGT) and tax planning for exits

Typical questions Jack helps answer:

• How best to maximise our R&D tax incentive claim and minimise audit risk?
• How should we structure our ESOP tax-effectively?
• What type of tax-effective structure allows us to expand offshore?
• Are we eligible for Early Stage Innovation Company (ESIC) tax incentives?
• What tax issues will come up in due diligence in an exit?

Jack’s experience is working with companies in the following areas:

• AI & machine learning
• Saas & cloud
• Fintech & insurtech
• Mobile apps
• Medtech & Biotech/life sciences
• Data science
• Digital media
• Hardware and advanced manufacturing
• Digital gaming

Jack is a volunteer mentor at accelerators and a regular speaker in the technology community.

Seeing people put everything they’ve got into a business and founders with big ideas trying to change the world – that’s what drives Jack to help them the best he can.