Solvency Declaration (AUS)

Owned by Leah (Unlicensed)
10, Dec, 2017
1 min read

Every Franchisor within Australia is required to provide a solvency statement or solvency declaration with their disclosure document under the Franchising Code of Conduct.

If you have not traded for more than 2 full financial years as a Franchisor or your corporate entity has not traded for more than 2 full financial years then a solvency declaration is required.


Please see below solvency declaration templates:


Statutory Declaration of Entity's Solvency (corporate entity).docx


Statutory Declaration of Entity's Solvency (Non-corporate entity).docx


 

Please note if you have traded for 2 full financials years please see link below for solvency statement templates.

Solvency Statement article: Solvency Statement (AUS)