Note: 🇦🇺 Australia only feature for now!
Keeping the regulator up to date is important, that's why we've made it easy to keep your Registered Agent in the loop when you issue or transfer shares in Cake.
Just follow the steps below and we'll send an update to your Registered Agent with any Share Issuances, Share Transfers and Share Conversions that you've made in Cake on that business day.
To add your Registered Agent to receive these updates:
Head to the Company tab from the main menu.
From the dropdown, jump into Settings.
Click the Edit button in the top right corner.
Enter the Name and Email of your registered agent.
Click Save.
Please remember to inform your Registered Agent that they will start receiving updates from Cake to the email address entered.
Despite some updates being automated, we strongly recommend contacting your Registered Agent after you've made any changes to your cap table, to check that they have the required information to make the update. It is important to do this quickly following the transaction, in order to avoid being hit with any late fees 💰
You can also provide your Registered Agent with user access to your account so they can log in to the account themselves should they need any further clarification. The advisor access is best for your Registered Agent!
If you don't have a Registered Agent, let us know! We have awesome partners we can introduce you to who can handle your compliance tasks with ASIC! 🤝