There are several trust laws and legislative requirements for setting up a self-managed superannuation fund (SMSF).
Typically you need to:
• Obtain a trust deed
• Appoint trustees
• Sign a trustee declaration (NAT 71089)
• Elect to become a regulated fund
• Obtain a tax file number (TFN)
• Obtain an Australian business number (ABN)
At MBA Advisers we provide the professional advice you need to set up your own fund and greatly simplify the process for you.
We also provide audit services for self managed superannuation fund trustees.