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.
Just had the best experience online ever. Needed to register our company for iOSVR.com and after some research we came across eCompanies. Their support team is awesome, answered all of our questions. We just spent 5 minutes on their site filling out a easy form, submitted & paid the fee of which they only charge $50 inc GST and the ASIC Confirmation came back Approved in under 1.5 minutes !!! It's just unbelievable that my accountant was going to charge us just over $1000 for the same thing. The best $476 we have ever spent Online ... EVER. Thank you eCompanies and especially Daniel who was most helpful. I would recommend eCompanies to anyone who wants to register their own Company. Well done guys, LOVE YOUR WORK.Damir, iosvr.com