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Could a special purpose company be the best structure for your not-for-profit?
If you’re setting up a not-for-profit, a special purpose company can be a great structure to choose. One of its main benefits is that it gives you limited liabilty, meaning you won’t be personally liable for the organisation’s debts.
Registering 1 special purpose not-for-profit company with ASIC
An electronic company register pack containing the key documents needed for setting up your company
Phone consults with our expert lawyers
Fixed-fee prices & fast turnarounds
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Receive your completed project, usually within 5 - 10 working days.
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A Special Purpose Company is one way of setting up your not-for-profit organisation. Basically, a Special Purpose Company allows you to set up your organisation as a private entity limited by shares. This means you will have shareholders and directors, and your organisation’s primary purpose will be to make a profit (i.e. paying dividends to your shareholders). A Special Purpose Company must apply its income to promoting charitable purposes, prohibit distributions to its members and paying fees to its directors, and make its directors approve all other payments the company makes to them.
As part of our fixed-fee package for Special Purpose Company Set Up, our expert lawyers will help you set up your not-for-profit under this company structure.
The package includes:
Our packages for Special Purpose Company Set Up start at $1605 + GST. This includes setting up your Special Purpose Company, phone calls with our expert lawyers who’ll guide you through the process, and all the documents you’ll need. This price also includes the initial government fees to set up your company.
As an online law firm, we eliminate the headaches of paying us by the hour and finding time to meet with a lawyer in person. We communicate via phone, email and cloud conferencing — whichever suits you! We know you’re busy, so we’re only a click away. You’ll be guided through this process by our expert lawyers, who are Australian-qualified and were trained at leading law firms. They left the traditional corporate law sphere to help us make legal services better. Our lawyers specialise in technology, intellectual property, contract drafting, corporate and commercial law.