Not all company constitutions are the same — and that difference matters. MGS delivers full-featured company registrations with constitutions built for flexibility, tax efficiency and the long term. Three company types. One integrated platform. Same-day delivery.
Many advisers assume company constitutions are interchangeable. They are not. A poorly drafted constitution can limit your client's structuring options for decades — preventing share class flexibility, blocking tax-efficient fund withdrawals, and leaving no protection in a buyout scenario.
MGS constitutions are drafted with tax planning in mind — to maximise flexibility now and protect clients as their circumstances evolve. Every company MGS registers includes a full-featured constitution built for the modern advisory environment.
The constitution permits the issue of multiple share classes — ordinary shares, preference shares, and other classes — providing essential flexibility to restructure ownership and distributions as the client's affairs develop.
Redeemable preference shares allow funds to be withdrawn from a company structure without triggering the Division 7A deemed dividend rules that apply to unsecured loans. The constitution's inclusion of this mechanism is essential for tax-efficient fund extraction — and many template constitutions simply don't include it.
In the event of a buyout, these provisions protect all shareholders. A drag along clause allows a majority shareholder to require minority holders to sell on the same terms — preventing minority shareholders from blocking a sale. A tag along clause gives minorities the right to join a sale on the same terms as the majority — protecting them from being left behind.
Every MGS company order is personally reviewed before lodgement with ASIC — eliminating the costly amendments and re-lodgement fees that arise from errors in automated services. One check saves your client money and avoids delays.
What every MGS company includes as standard
Each company type is purpose-built for its role in the client's structure. All include a full-featured MGS constitution, ASIC registration, and complete document package.
A standard “Pty Ltd” company for any commercial purpose — trading entity, holding company, beneficiary of a trust, or investment vehicle. Full-featured constitution with multiple share classes, redeemable preference shares, and drag along / tag along provisions.
A corporate trustee established solely to act as trustee of a self managed superannuation fund — qualifying for the concessional ASIC annual review fee. Eliminates the long-term administrative burden of updating investment and bank account details when membership changes.
A general purpose company established to act as trustee of the bare (holding) trust required under a Limited Recourse Borrowing Arrangement (LRBA) — where an SMSF borrows to acquire a single acquirable asset under section 67A of the SIS Act.
Automated company registration services produce constitutions based on the Corporations Act replaceable rules or minimal templates. They work — but they don't plan ahead. These are the provisions that differentiate an MGS constitution from a template.
The cost of a missing provision is discovered years later — when the client needs to restructure, withdraw retained earnings without Division 7A issues, or sell their business. By then, the only solution is an expensive deed of amendment or a constitution replacement at $260.
| Feature | MGS Constitution | Typical Template |
|---|---|---|
| Multiple share classes | ✓ | ✗ |
| Redeemable preference shares | ✓ | ✗ |
| Drag along clause | ✓ | ✗ |
| Tag along clause | ✓ | ✗ |
| Hybrid trust compatibility | ✓ | ✗ |
| Personally checked before lodgement | ✓ | ✗ |
| Firm branding on all documents | ✓ | ✗ |
| All registers & records prepared | ✓ | Varies |
The redeemable preference share solution
For companies with retained earnings
When an SMSF borrows to acquire a single acquirable asset under a Limited Recourse Borrowing Arrangement, the asset must be held by a bare (holding) trust — with a separate company acting as trustee of that bare trust. The LRBA Custodian Company serves that role.
The lender's recourse is limited to the single asset held in the bare trust — the balance of the SMSF's assets remain protected. This is the fundamental benefit of the LRBA structure.
The SIS Act requires the bare trust trustee to be a separate legal entity from the SMSF trustee — and a company provides the appropriate corporate structure with clear separation of roles and liabilities.
Legal title to the asset remains with the custodian company (as bare trustee) until the LRBA loan is fully repaid — at which point title transfers to the SMSF. Until repayment, the SMSF holds the beneficial interest only.
Order the LRBA Custodian Company together with the MGS SMSF Instalment Warrant Kit for a discounted bundle — from $1,196 (external loan) or $1,566 (internal/related-party loan) excluding GST.
MGS company registrations integrate directly with the Macquarie AML platform — the only AML compliance system in Australia that connects KYC/KYB verification directly to trust deed and company ordering. Client data collected once flows automatically into the company registration, eliminating re-entry and reducing errors.
AML/CTF obligations become mandatory for accounting practices on 1 July 2026 under the expanded AML/CTF regime. Macquarie AML subscribers not only comply — they receive discounted pricing on every company and trust deed ordered through the platform.
All prices exclude GST. Firm branding applied to all documents at no extra cost. AML subscribers receive discounted pricing when ordering through the Macquarie AML platform. All orders personally checked before ASIC lodgement.
| Product | Price (excl. GST) |
|---|---|
| General Purpose CompanyTrading entity, holding company, trust beneficiary, corporate trustee — full-featured constitution with multiple share classes, redeemable preference shares, drag along / tag along | $896 |
| SMSF Special Purpose CompanyCorporate trustee established solely to act as SMSF trustee — qualifies for concessional ASIC annual review fee. May only act as SMSF trustee. | $896 |
| Instalment Warrant (LRBA) Custodian CompanyGeneral purpose company for the bare trust trustee role in an SMSF LRBA — required under section 67A of the SIS Act. Also available as a discounted bundle with the SMSF Instalment Warrant Kit. | $896 |
| Replace Constitution including ResolutionsReplace an existing company constitution with an MGS full-featured constitution — including updated resolutions and all required member approvals. | $260 |
| Additional Constitution (per additional copy at time of order)Additional printed copies of the constitution ordered at the same time as the original — supplied in the same binder. | $4.55 |
Login or register, complete the order form, and MGS handles the rest — ASIC lodgement, registration, and full document preparation — delivered to your firm the same day.
Create a free MGS account or log in. Add your firm's logo and details once — applied automatically to every future order at no extra cost.
Select the company type, enter the company name, directors, shareholders, and registered office. AML subscribers: data flows in automatically from the platform.
Every order is personally reviewed by the MGS team before lodgement with ASIC — eliminating errors, re-lodgement fees, and the delays that follow automated services.
The company is delivered with all registers, records, and formation documents — branded with your firm's details, in a vinyl binder with reinforced tabs. Client-ready on arrival.
If you're converting an existing company constitution or have a query about which company type suits your client, our team is happy to advise before you order.
MGS company registrations come with a full-featured constitution built for real-world tax planning — multiple share classes, redeemable preference shares, and drag along / tag along. Personally checked, firm-branded, and delivered same day.
Trading, holding, or corporate trustee with full constitution
Corporate SMSF trustee — concessional ASIC fee
Bare trust trustee for SMSF property borrowing
A company is rarely established in isolation — it typically anchors a broader client structure. These are the most commonly ordered products alongside a company registration.
Discretionary, unit, hybrid, capital pool, BOMAD and BONAP trusts — all delivered same day. The corporate trustee company and the trust deed are ordered together in most new client structures. From $400 excl. GST.
View All Trusts →The MGS SMSF deed — with all 12 compliance kits included — is the most common pairing with the SMSF Special Purpose Company. Order both together: the corporate trustee and the fund deed in one workflow. From $400 excl. GST.
View SMSF →KYC/KYB verification integrated with company and trust deed ordering — zero re-entry, AML/CTF compliance built in, and discounted product pricing for Professional and Ultimate subscribers. Mandatory from 1 July 2026 for accounting practices.
Explore Macquarie AML →Your message has been sent and a member of our team will respond to your inquiry soon.
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