Setup Costs for a new Self Managed Super Fund
Individual Trustees
$800+GST
Corporate Trustee
$2000+GST
Setup Costs for a new Self Managed Super Fund with a Bare Trust
Corporate + Bare Package
$3500+GST
Individual + Bare Package
$2500+GST
Setup Costs for a new standalone Bare Trust
If you already have an established SMSF and require a bare trust for a property purchase / borrowing arrangement (with or without a corporate trustee).
You do not require a corporate trustee if you have an existing company – not SMSF corporate trustee – that can act as trustee of the bare trust. All banks insist / require a bare trust for borrowing to have a corporate trustee.
Bare Trust
$800+GST
Bare Trust Package
$2000+GST