Trustee by Veela

For the company that exists to be a trustee

One annual review, one solvency resolution, the occasional change of director or address. That's the whole year for a company that never trades — and it's still the thing that quietly goes overdue. $50 a year, per company.

Billed annually, ex GST · $2 of Ask Veela usage each month, then pay-as-you-go · ASIC's annual review fee is paid to ASIC, not to Veela

Who it's for

Wrapper companies — registered, dated obligations, no trading. The compliance is small, but it doesn't go away.

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Corporate trustee of a family trust

The Pty Ltd named as trustee on the deed. It holds nothing in its own right and never trades — but ASIC treats it exactly like any other company, with the same review date and the same fee.

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Corporate trustee of an SMSF

The fund's trustee company, with the members as its directors. The company's ASIC obligations sit alongside the fund's audit and reporting, and they're the ones most often left until the statement arrives.

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A company that holds, not trades

Property, shares or intellectual property parked in a company for structural reasons. Few transactions, no employees, no outside shareholders — and a compliance calendar all the same.

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A dormant company kept registered

Deregistering gives up the name and the history. Keeping it registered costs an annual review, a fee and a resolution each year — this is what stops that turning into late fees.

Issuing shares to investors, running an ESOP or paying dividends? That's the trading-company platform — see the full plans.

What it does

The statutory minimum for a non-trading company, kept on time and on the record.

The annual review, tracked from your review date

Your review date is the anniversary of the company's registration. Veela's sentinel opens a task 60 days out and escalates it inside 14 days, so the annual statement and the fee are handled on a schedule rather than when the envelope turns up.

The s347A solvency resolution, drafted

Within two months after the review date a director must pass a solvency resolution under s347A — unless the company lodged a financial report with ASIC under Chapter 2M in the previous 12 months. Veela drafts it from your own facts and files it in the minute book. It is kept with the company's records, not lodged; if a positive resolution can't be passed, ASIC must be told within 7 days (s347B).

What to pay, and how

Your ASIC payment details are kept on file and checked against your ACN, so the review fee can be paid without digging out the statement first. The fee is set by ASIC and paid to ASIC — it isn't part of your subscription.

Officeholder and registered-office changes

A director appointed or resigning, a new registered office or principal place of business: Veela prepares the resolution and the Form 484 prep pack from your register, ready for you to lodge yourself or email to your registered agent. Most of these changes have to reach ASIC within 28 days.

Registers, minute book and document vault

Members and officers registers kept automatically as changes pass, an immutable minute book behind them, and 1 GB of document storage for the trust deed, the constitution, ASIC correspondence and anything else worth keeping in one place.

Ask Veela, on your own record

Ask when the review date falls, what the solvency resolution has to say, or which changes ASIC needs to be told about — answered from your company record and the documents you've uploaded, with citations. $2 of usage is included every month — a monthly allowance on an annual plan, and it doesn't roll over — then the same pay-as-you-go rates as the rest of the platform.

The annual review, in order

Four dates, every year, for the life of the company. Veela tracks them and prepares the paperwork; paying ASIC and lodging stay with you.

  1. 1 · Review date

    The anniversary of the company's registration. Everything below is measured from this date.

  2. 2 · Annual statement

    ASIC issues the annual statement and an invoice shortly after. Check the officeholders, addresses and share details on it are still right.

  3. 3 · Fee paid

    The annual review fee is due within two months of the review date. Late payment attracts ASIC's late fees.

  4. 4 · Solvency resolution

    A director passes the s347A solvency resolution within the same two months, and it stays with the company's records.

General information about the obligations, not advice on your company's position. The solvency resolution requirement doesn't apply where the company lodged a financial report with ASIC under Chapter 2M in the previous 12 months.

Pricing

$50 per company, per year, ex GST. Billed annually, because the obligations are annual. No lodgement fees to Veela, no per-document charges.

Open previewThis is the pricing during Veela's open preview.

Trustee

For companies that exist to be a trustee, and nothing else.

$50 /company/year

Billed annually — about $4.17 a month. The $2 Ask Veela allowance is monthly and doesn't roll over.

  • For non-trading wrapper companies — corporate trustees of a family trust or SMSF
  • ASIC annual review tracked from your review date, with the solvency resolution drafted for you
  • Payment details on file — what to pay and how, before the invoice arrives
  • Officeholder and registered-office changes, with the Form 484 prep pack
  • Members and officers registers, minute book kept automatically
  • Ask Veela for the questions this kind of company actually has
  • $2 of AI usage included each month, then pay-as-you-go
  • Single user — invite your accountant if you want them involved
Start now

One company per subscription · move to Solo any time from Billing

What's not included

Deliberately left out, so the price stays where it is.

  • No ASIC registered-agent service. Veela prepares the forms and the pack; you lodge them yourself or send them to your agent. Veela does not lodge on your behalf on this plan.
  • No cap table, share issues, ESOP, vesting or dividends — a trustee company doesn't issue equity, and that work is the trading-company product.
  • No reviewing company secretary and no Review Console. Resolutions are drafted and checked, then self-certified by a director.
  • The register carries up to 10 members. A company with more shareholders than that isn't a wrapper company and belongs on Solo.
  • Company secretarial support and regulatory information — not legal, tax or financial advice.

Need the full platform, or a named human secretary? Solo, Team and Managed.

Questions, answered

Does Veela lodge with ASIC for me?

Not on this plan. Veela prepares the Form 484 pack and the supporting extract from your register; you lodge it yourself through ASIC or forward it to your registered agent. If you want lodgement handled for you, that's the Managed plan — talk to us.

Is it billed monthly?

No — Trustee is an annual subscription: $50 per company per year, ex GST, to match a company whose obligations arrive once a year. The $2 of Ask Veela usage is a monthly allowance inside that year, and an unused month doesn't roll over into the next one.

Do I still pay ASIC's annual review fee?

Yes. The review fee is set by ASIC and paid to ASIC. Your $50 a year covers Veela — tracking the date, drafting the solvency resolution, keeping the registers and the minute book, and telling you what to pay and how.

One company, or several?

Pricing is per company, per year. If you're an accountant carrying a book of trustee companies, talk to us before you set them up one at a time.

What if the company starts trading?

Move to Solo from Billing whenever you need to — it's self-serve, and the register, minute book and documents come with you. Solo adds the share and ESOP registers, the full drafting library and the rest of the platform.

Can my accountant get in?

Yes — invite them if you want them involved. Trustee is a single-user plan otherwise; teams and a reviewing company secretary are what the Team plan is for.

Put the trustee company on a schedule

Set it up once with your ACN and review date. After that it runs to the calendar — $50 a year, ex GST, cancel from Billing any time.