As a company director your obligation is to keep the ASIC Register updated, namely changes in address and that each year you lodge the solvency report.

To avoid ASIC communicating with you directly we register as your agent so that any enquiry comes to us first.

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As you would know an annual fee payment is required to keep the company registered.

 

The other requirements you have as a company director are as follows;

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• You must not fail to keep accurate and up to date financial records.

• You must maintain annual tax returns and sign off on the solvency report.

• Failure to pay your creditors when they fall due 

       will be seen as trading while knowingly insolvent.

 

Not complying with any of the above can lead to the company being de-registered or wound up.

 

To avoid this occurring, we have inhouse Accounting, Book-keeping and Solvency Consultants monitoring and mentoring our clients.

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As well as the above divisions in house, we also have a division that provides Clients with constant support:

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• As agents our automated software online, ensures all information is up to date and acted upon within the required timeframe, be it ASIC / ATO returns or by third parties such as Credit Reporting Agencies.

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• Our detailed mail in register goes out to each appointed Case Manager daily so that the Support team can follow up with clients and provide support using the above.

 

• If there is a problem, the client is given access to our Senior Professionals 24/7 who keep you updated on how the matter is being dealt with and what may be required to mitigate a said adverse matter.