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.
Your online registration software just allowed me to complete the forms in under 5 minutes, including emails of pdf's of registered forms etc.I cannot believe I put this chore off and wasted money really by missing out on company tax benefits. No Chore, it was easy!
Well done on a terrific resourceful user friendly tool. Thanks again, I will be recommending your website every chance I get.Glen, Constant Safety PTY.LTD