Unfortunately the Senate had not finalised its voting on the Federal Government’s Crowd Funding Companies legislation when the Senate adjourned for the double dissolution election. Hopefully, when the new Senate is elected the legislation will then be debated and passed.
The legislation for the Early Stage innovation Companies which has been passed by the Senate is targeted for commencement from the 1st July 2016.
ESS BIZTOOLS is releasing our new product module in the next couple of weeks, to assist accountants/advisors to deliver business advisory services to clients relative to this new type of corporate vehicle. If you wish to receive an advanced notification on these product packages, please contact us on 1800 232 088 or send us an email at firstname.lastname@example.org.