Have One's Regulatory House in Order

 
 

Nominators must have their regulatory house in order and migration advisers must do a painstaking test in this regard and should not rely solely on what the applicant says.  In particular all peace must be made with the tax office including having one’s BAS and tax well in order.  Check that the appropriate people are directors and if necessary shareholders of the nominating company and recorded as such with ASIC.  Accountants operate under the misguided view that everything can be backdated. By law this is not correct although both the ATO and ASIC sometimes permits documents to be lodged late or amended.

The latest tax returns should be available to file with the nomination.

A migration adviser ought to undertake an independent verification of the nominating company’s status as a type of ‘audit’ of the company’s share register, directorship structure. First start with an historical ASIC company search. The writer uses the service called Citec Confirm for this – http://www.confirm.com.au/citecConfirm/index.shtml

But there are many other such on-line services[1], It costs under $40 to do such a search.

There must be no ‘under the table cash payments’ and all proper wages must have been paid.