ASIC & Corporate Secretarial Services
TF Partners can assist you with establishing and maintaining your overall operational structure, which may include numerous entities including companies, discretionary trusts, unit trusts, partnerships and potentially a Self Managed Superannuation Fund (SMSF).
There are a number of different legislative requirements and fines can be imposed by ASIC if statutory deadlines for lodgement are not met. TF Partners can assist you with reducing the burden of this onerous and time consuming process.
Some of the services that we can assist you with include:
- Registering new companies and establishing new trusts
- Registering a business name
- Maintaining your company details by attending to change of company details such as company name, change of address details, officeholder and member details.
- Annual ASIC company statements
- Closing your company or dissolving a trust
Reporting and lodgement obligations for Australian private companies
Most small Australian private companies do not need to file annual financial reports with ASIC. TF Partners can assist you in monitoring your private companies performance, and will advise you when you will be considered a large proprietary company which includes a threshold test involving revenue, the number of employees and gross asset values at year end. If you are a large proprietary company, you are required to lodge a financial report and a directors’ report for each financial year with ASIC. These accounts must be audited unless ASIC grants relief. The annual financial report lodged with ASIC will be publicly available which your competitors may be able to access.
Small companies which are foreign owned are required to file annual audited financials unless they take particular steps to obtain a filing exemption.
TF partners can assist both large proprietary companies and small privately foreign owned companies to apply for relief from ASIC.
Why choose TF Partners?
TF Partners is constantly evolving and developing alongside our clients, to provide a holistic range of services including Accounting, Business Advisory, Wealth Management and Finance. With our depth of expertise, we provide our breadth of services to a diverse range of clients across an array of industry sectors.