A common purpose for a proprietary limited company is to be the trustee of a self managed super fund. Such a company requires a constitution with a clause prohibiting the distribution of income or property to its members.
ASIC allows specifying the special purpose when registering a company which entitles it to a much lower annual fee of $43.
eCompanies supports specifying that the sole purpose of a new company is to be the trustee of a self managed super fund during the company registration process, and also provides compliant documentation including:
eCompanies provide this at the same standard fee of $507 as our normal company registration.
My thanks go to eCompanies, the process of registering my new company was fast, easy to follow and because it offered several opportunities to review and edit my information, was trouble free. My approval came within 2 minutes of lodging my application, needless to say, I am very impressed with this service.Trish Findlay, Findlay Co Pty Ltd