Compliance and Governance

Managing your Compliance and Governance are part of a great risk management strategy for your business.

Let us help you with by looking after your Corporate Services requirements. This will mean different things for you, depending upon the type of structure that you choose. Here’s what we offer:

Establishment of new entities

Whether you are looking to register a new company, discretionary trust or unit trust we can help you get everything established and registered. From the incorporation or establishment of the entity to making all relevant applications with the ATO – we make sure that you are setup correctly, right from the start.

For self managed superannuation funds (SMSF) we can take ‘no advice instructions’ to establish your fund. If you want to know whether a SMSF is right for you and your personal situation we can provide a referral to a financial planner for you to discuss your specific requirements.

Annual Renewal

Each year you have to renew your company with ASIC. The renewal comes up on the anniversary of the registration date. This is the time that you need to review your company details, pass a solvency resolution and pay your annual fee.

To pass a solvency resolution means that the directors have a reasonable basis for a directors opinion that the company can pay its debts as and when they fall due. We can help you manage this to stay on top of this annual obligation and keep everything compliant and up to date. This service is included as part of the monthly package fee.

Registration of Business Name

If you’re looking to register a new business name, with a few simple instructions we can take care of it for you. We confirm that your chosen name is available and you tell us whether you want a one year, or three year registration period.

We recommend that you run a trademark search to ensure that your chosen name is legally able to be used. Just because you can register a business name doesn’t mean that you will have sole rights to it if someone has already got it registered as a trademark.

Change of company details

It is your responsibility to let ASIC know of any updates to your addresses, officeholders or shareholders. With your instruction we can prepare all of the forms and minutes that you need to make the changes you want. We can accept electronic signatures to streamline the lodgement process.

De-Registration

If you have a company that you no longer need, and you meet certain conditions then we can help you out with voluntary de-registration. We can accept instructions for a voluntary de-registration where:

  • all members of the company agree to deregister
  • the company is not conducting business
  • the company’s assets are worth less than $1000
  • the company has no outstanding liabilities (e.g. unpaid employee entitlements)
  • the company is not involved in any legal proceedings and
  • the company has paid all fees and penalties payable to ASIC.

If you do not meet these requirements you can still close your company, please contact our office to discuss the specifics of your case.

Corporate Secretarial

At Bee Group Accountants, we provide a wide range of corporate secretarial services that allow you to reduce your administrative burden and keep your focus on running your business.

As board responsibilities have increased in recent years, the importance of the company secretary’s role has also grown. 

Today, the company secretary plays a crucial role in looking after the administration of a company’s affairs and managing the business of its board, while still maintaining a focus on ensuring complete transparency and accountability.

Contact our office for a discussion about how we can help with any secretarial or governance requirements.