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Set up your SMSF with ease. 

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Simplicity is at the heart
of what we do:

Click "Setup SMSF" to begin.

Step 1: Click the "Setup My SMSF" button to get started and initiate the process of creating your Self-Managed Super Fund.

Fill out a straightforward form.

Step 2: Complete a simple and straightforward form with your basic details to kick off the setup process smoothly.

Sit back while we handle the rest.

Step 3: Relax and leave the rest to us! Our team will take care of all the necessary details to set up your SMSF efficiently.

All inclusive pricing

For just $2,200 (including GST), our service covers:

  • ASIC Fees
  • Corporate setup
  • Legal fees

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SETUP MY SMSF

FAQs

How long will the setup of the SMSF take?
The setup will take 3 business days from the date of payment. You will receive a soft copy, and a physical paper copy will be express-posted to your nominated address.
At Set Up My SMSF, we are solely an administrative business, so we do not monitor the balance of the SMSF setup.

You can request your accountant to handle the rollover, and they will need to register your SMSF with an ESA. Alternatively, you can do it yourself. The ATO provides guidance here: ATO Superannuation Rollover Guide.

Contribution limits apply to SMSFs. It is best to consult with your accountant about these limits. You can also find more information on the ATO website: Personal Super Contributions.

Yes, you can select any accountant.
Yes, you can, provided you have an investment strategy. However, assets must not be used for personal purposes (e.g., a holiday home). It is recommended to seek investment advice from a registered financial advisor or tax accountant.
Expenses that are solely for the SMSF, such as setup, ESA costs, accounting, audit, and ASIC fees, can be reimbursed. Be sure to retain copies of invoices, as your accountant will need them to prepare the annual accounts.
At Set Up My SMSF, we only offer SMSF setups with corporate trustees to minimize liability and maintain separation between personal and SMSF assets. If you plan to purchase property and require lending, a corporate trustee is mandatory for lenders. This structure does not impact tax rates, as it is a special-purpose company set up exclusively for the SMSF.
Form of “messaging” for your SMSF and it is needed to receive SuperStream data from employers and other funds. You will “use” it each time your SMSF receive your employer contributions and rollovers from other superfunds. Once it is setup, you do not have to do anything further until you choose to change provider. The parties that need to know your ESA are your tax agent, employer and the ATO.
We are not licensed to recommend a bank, nor able to set one up for our clients. But for insight, I see that many of our clients go with whichever bank they find it easy to transact with.
Earnings in an SMSF are taxed at 15% during the accumulation phase and 0% during the pension phase.

Beneficiaries can include a legal representative or dependants. A dependant is defined under superannuation law as:

  • The spouse of the person.
  • Any child of the person.
  • Any person with whom the person has an interdependency relationship.


There are two tests for an interdependency relationship under superannuation law:

  • The Basic Test: A close personal relationship where two people live together, provide financial support, and offer domestic and personal care to one another.
  • The Disability Test: A close personal relationship where one or both individuals have a disability that prevents them from meeting the requirements of the basic test.
  1. Speak with a broker to calculate your borrowing power under the SMSF.
  2. Identify a property that meets the requirements and borrowing capacity (e.g., house and land packages are typically not allowed under two contracts).
  3. Engage your accountant to set up a bare trust and trustee company with the property address.
  4. Purchase the property subject to finance and other conditions.
  5. Proceed to settlement as normal.

A will does not cover your SMSF death benefit unless it is paid to your estate. To ensure the benefit is distributed as intended, you must have a valid Binding Death Benefit Nomination (BDBN) in place, which specifies your chosen beneficiaries. BDBNs are specific to superannuation funds.

Yes, it is essential to maintain liquid cash in the SMSF account for compliance fees such as accounting, audit, ASIC, and ATO fees. This ensures you can pay these expenses annually without needing to sell assets. Note that this does not include taxes payable.