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 $494 as our normal company registration.
We needed to set up a company in a hurry so we could present our technology to some major European automobile and Formula 1 design houses. We visited eCompanies and within 20 minutes, the company was registered and ready to use. All of the appropriate documents were also emailed back within that time. A very simple and efficient registration process and I would recommend it to anyone.Michael Urch, www.KERBSautoTech.com