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 $519 as our normal company registration.
This has been the shortest, easiest and most pain-free company registration I've ever done, and the most economical and most intelligent. I'm still stunned by the quick turnaround. Less than 35 minutes from start to finish (including approval and receipt of all documents) still has my head spinning.John Counsel, SpendSmarter Network Pty Ltd