Setting up an SMSF
How to set up a self-managed super fund (SMSF) correctly to comply with tax and superannuation laws.
Understand the requirements for your SMSF depending on the trustee structure you choose.
Understand and comply with responsibilities when appointing trustees or directors of a corporate trustee.
The residency requirements your SMSF must meet to qualify for tax concessions and what to do if a member goes overseas
A trust deed needs to be prepared outlining the rules and conditions under which the SMSF will operate.
Understand how to assign assets during SMSF setup and the requirement for legal ownership to be in the fund's name.
You must register your fund with us to be an ATO regulated SMSF.
How to set up a bank account for your self-managed super fund to process contributions and rollovers, and pay expenses.
To receive contributions and rollovers, your SMSF will need an electronic service address (ESA).
Understand SMSF investment requirements and creating your fund's investment strategy.
Having a plan for when to wind up your SMSF will make it easier for you later, especially if the unexpected occurs
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