Setup Process


Setup Criteria

To setup a SMSF with My SMSF you will need to have the following:
We suggest you complete a new SMSF member course. This is a FREE course for new SMSF Members. Complete this to get started on your SMSF setup journey
1- To Start your SMSF Trustee Education Course
2. SMSF Crypto Course – or view ATO Crypto Pages
You can choose from one of three packages to suit your SMSF management needs. We have tailored our packages to reflect the level of investment complexity and risk in your fund, which determines the work required and therefore your price.

Our Process

Complete the following steps to get started

Contact us for a FREE Whatsapp consultation to discuss your needs

Agree to go ahead and start your online SMSF setup application

– You will need your driver’s license + Medicare card details handy

– Create a Super Fund name IE: T James Super Fund ( Tom James is the only member, so we used his surname and first initial to create an SMSF and SMSF Trustee company

– You will setup your online account, by choosing a password and by verifying your phone number

  • In our Client Dashboard you find all the key forms to complete the setup
  • Complete, My SMSF Agreement,
  • ATO Declaration, Investment Strategy
  • Upload your ID and confirm your TFN
  • Make payment of $990 for your corporate Trustee Company + you can use a credit card or use Poli pay via our Dashboard
  • We will then start the process to apply for your funds :  Trustee Company, ABN/TFN for the Fund with the ATO, issue a deed for your SMSF, open a Macquarie bank account and assist with Digital super rollovers
  • We will setup your company trustee and SMSF Trust Deed
  • Apply for an ABN/TFN with the ATO
  • Open your SMSF Bank Account – Silver and Gold Care clients 
  • Super rollovers are now Digital, so you provide instructions on rolling over super using MyGov
  • All investment accounts are setup up by our customers using the SMSF documents in My SMSF Documents Folder
  • We assist you with employer contribution arrangements ( choice of fund form)
  • Watch our video and complete your fund checklist
  • Upload your supporting documents
  • a) We complete your work b) you sign tax documents and pay your tax c) we lodge your return and provide you with your audit report

Our Conditions

We offer a discounted setup for your SMSF ( $990 fee)
provided that you complete one (1) year’s administration
with us. If you fail to do this, a fee of $1,550 is payable for the
time spent setting up your fund.

View our fee schedule and terms for more details on
associated fees for small changes to your fund and fees paid
to regulators such as the ATO and ASIC.

What You Get

To setup a SMSF with My SMSF you will need to have the following: