How to Apply for an ABN and TFN Application for a Foundation

3. For taxation purposes which type of entity is the applicant? Company, Partnership, Trust or other organization

4. What type of organization is the applicant? Fixed Trust

5. Are the terms of the trust set out in a trust deed or are the terms of the trust implied? YES

6. Will your activities be carried out in Australia? YES

7. Have you started or are you taking steps to start your activity? YES

8. What is the nature of your activity? Charity

ABN Entitlement Report > click NEXT

9. Does the applicant currently have an Australian Business Number (ABN) or previously had an ABN? NO

10. If you answered yes to the question above, what is the Australian Business Number (ABN) currently or previously held by the applicant? LEAVE IT BLANK

11. Does the applicant wish to apply or reapply for an Australian Business Number (ABN)? YES

12. Does the applicant have a Tax File Number? NO

13. Does the applicant wish to apply for a Tax File Number? YES > click NEXT

14. Is the applicant an Australian resident for tax purposes? YES

15. Is the applicant a type of organisation that fits within an income tax exempt category? YES

16. Is the applicant a charity or another type of not-for-profit organisation? YES

17. If the applicant uses, or intends to use the services of a registered agent, what is their registered agent number? LEAVE IT BLANK > click NEXT

18. Name of the Fixed Trust: Copy name of foundation in the form and paste it after “The trustee for” > click NEXT

19. From what date does the Fixed Trust require its ABN? Copy the Date of Foundation’s Establishment from the trust deed

20. If you intend for this business activity to be less than 3 months, on what date do you expect to cease business? DISREGARD THIS QUESTION

21. Is the Fixed Trust owned or controlled by Commonwealth, State, Territory or Local Government? NO

22. Describe the Fixed Trust’s main business activity:

23. Select the category which best matches the Fixed Unit Trust’s main business activity:

24. Does the Fixed Trust operate an agricultural property? NO > click NEXT

25. Country: AUSTRALIA

26. Address: Paste the registered home address of the client, NOT the PO Box

27. Is the Fixed Trust’s postal address the same as the business address?

 Yes, if only 1 address in the form.

 No, if there is a different postal address in the form.

28. What is the Fixed Trust’s email address for service of notices and correspondence? Copy the email address on the form

29. Does the Fixed Trust have more than one business location in Australia? NO

30. What is the telephone number for this location? Tick Mobile (usually clients give their mobile number)

31. What is the email address for this location? Tick Same as service of notice email then put the email address

32. Postal Address Details: Copy PO BOX address from form, if no PO BOX just put the street address:

33. Authorised contact1: Enter Client’s name, mobile no. (can be 04 directly), email address from form> position: Director

34. More contact: Yes, if more than 1 person on form> click NEXT >

35. Associated organization: ACN of the associated organization (no space in between First given name: Copy from the form

36. Other given name: Leave it blank

37. Family Name: Copy from the form

38. Date of Birth: Copy from the form (dd/mm/yyyy)

39. Position held: (Tick all or what is applicable)

40. Tax File Number: Copy from the form

Associate details will be shown, if CORRECT, click NEXT>

41. Associated organization: ACN of the associated organization (no space in between numbers) Copy from the certificate of registration

42. Name: Copy name of public company in the form

43. Tick: Trustee click ADD >

44. Add Address: Copy from the form

45. What is the date the associated organisation commenced, registered or became incorporated? Copy from form the Registration Date of the Company click ADD >

47. Is this the Fixed Trust’s first time in business in Australia? YES, click NEXT>

46. Why is the Fixed Trust applying for an ABN? New Business Australia

48. Name: Put Client’s FULL NAME

49. Position Held: Trustee/Chairman

50. Date of Declaration: Put date of actual application

51. Print Page as PDF and save in client folder> File name: “YYMMDD ABN and TFN Application – The Trustee for (Name of the Foundation)”

52. Check form if details are correct, once done, click SUBMIT and do the following:

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