Australian Financial Services Licence (AFSL) Advice Melbourne

Do you have a business in Melbourne and are you looking for Australian Financial Services Licence (AFSL) advice? David Butterfield of Butterfield Consulting Services Pty Ltd has been helping Melbourne business owners since 1977 in the preparation of AFC Licences, Information Memorandums, and product disclosure statements when it comes to Melbourne property investments.

Because of the popularity of managed investment schemes in the property industry, it’s important to find the right Australian Financial Services Licence (AFSL) advice. David Butterfield can help you with the documentation which is required when investing in a managed investment scheme. David Butterfield is a Chartered Tax Advisor, Chartered Accountant, and Registered Tax Agent who has earned the trust of many business owners throughout Melbourne. Contact us at Butterfield Consulting Services and see what we can do for you.

What is a Australian Financial Services Licence?

The AFSL is granted by the Australian Securities & Investments Commission (ASIC). It allows the holder to provide financial services to Australian residents. The holder must be a person who is a citizen of Australia, or who is an Australian resident and has obtained a permanent visa to enter or reside in Australia.

In the case of a trust, the licence is granted to the trustee or trustees. In the case of a company, the licence is granted to the company. In the case of an individual, the licence is granted to the individual.

The AFSL is a very specific type of licence. It allows the holder to provide specific financial services.