Typically these people are successful people in their own right who have funds available for long term investment.
They are sophisticated investors who require investments that will protect their capital over the long term.
They are seeking investments with a regular cash flow.
HOW does ANARO do it?
The principal functions of Anaro Holdings Limited:
Introduction of the investors seeking a commercial investment property
Setting up investment entity e.g. normally company structure
There is a separate distinct entity for each purchase
Purchase of quality commercial property
Arranging inaugural meeting of investors (shareholders) and directors
Coordination of due diligence
Arranging bank finance
Arranging reinstatement insurance for the commercial investment property
Coordinating settlement for the purchase
WHAT happens next?
Anaro Investments Limited takes over management of the property and company on behalf of the directors and shareholders effective from the purchase date.
The principal functions of ANARO Investments Limited include but are not limited to:
Setting up company bank account with strict internal controls in terms of signatories
Analysis of the lease(s) pertaining to the commercial investment property
Invoicing tenant(s) for rent
Invoicing tenant(s) for property expenses in accordance with the lease(s)
Setting up company with IRD number, GST number, registration for RWT, registration for AIL
Organising a chattels valuation
Setting up monthly payments to INVESTORS
Preparing annual cashflow forecast for the company
All compliance matters including but not limited to IRD compliance such as payment of GST, monthly payment of RWT, payment of commercial investment property operating expenses such as rates and insurance
Attendance at body corporate meetings
Chairs meetings of directors and shareholders with no voting rights
Attending to maintenance of the properties
Ensuring statutory matters are taken care of including company annual return, company annual minutes
Preparation of company annual financial statements
Preparation of company income tax return
Preparation of company IR15 interest declaration certificates
Preparation of dividend solvency certificates and shareholder dividend statements