New company/New family trust fund matters needing attention

Today Xiao Bian gave you a list of some notes about the newly established company/family trust fund. We can read it carefully to avoid unnecessary trouble.

After the establishment of the new company If the business is about to start or has started, please inform us in time to register ABN, TFN, GST and PAYG (requires you to provide personal tax ID) related to ATO (tax office). After the start of business, if there is an issue, please contact us in 28 days to register WORKCOVER (work injury insurance) and SUPER (pension). During the company registration period, if there is a replacement address (including home address, postal address, and store/business address), please contact us to change the address in time to prevent you from receiving ATO (Australian Taxation Bureau) and ASIC (Business Bureau) letters. Inconvenience and fines for you. During the company registration period, the company's ASIC (Australian Industry and Commerce Bureau) will notify you by letter to deliver the industry and commerce audit fee every year. If this fee is not delivered on time, it will result in fines and even the company will be forced to write off. If the company wants to make changes to the shares or change the legal person, please contact your accountant in time. After the establishment of the new family trust fund The stamp duty must be paid within 28 days, otherwise the fund is invalid If you have a change of address (including home address, mailing address, and store/business address), please contact your accountant to make changes. Note: This note is for reference only, the firm will not bear any related responsibilities