RDC recommends to clients Bentleys Chartered Accountants, to provide project accounting and audit of financial transactions involved in managing the development. This ensures full transparency and control of financial management for RDC’s clients.

Choosing an appropriate legal structure is essential and is typically one of the first steps in any project.

As a developer, the legal structure of the development will determine your obligations, your exposure to liability and the tax efficiency of the project.

Each development’s legal structure might be different depending on the circumstances. Planning will ensure that you don’t encounter any unnecessary headaches at the end of the project. 

  • Review your proposed legal structure and consider the tax implications in advance

  • Assist with new company registrations

  • Assist with GST and Income Tax registrations and returns

  • Assist with approved issuer levy registrations

  • Assist with financial information required for any funding applications

  • Assist you with setting up your accounting system

  • Manage your invoices and payments in conjunction with Xero

  • Monthly management accounting and reporting

  • Monitor and reconcile project financing costs

  • Compile annual accountants and ensure tax compliance

  • Assist with winding up legal structures and arranging holding entities on completion

 

At the end of your project, you will decide the future of your financial structure. In certain instances, it might be advantageous to retain a structure, and in other cases, it might make sense to wind up the legal structure. At this stage, you will need to consider profit distributions. We can:

  • Assist you with preparing dividend distributions and resolutions;

  • Assist you with winding up your legal structure;

  • Manage your tax obligations arising from profit distributions