INFO 10
ASIC-initiated deregistration of company
This is Information Sheet 10 (INFO 10). ASIC may deregister a company if we think it has ceased trading or it has overdue fees and penalties.
In plain English
ASIC can deregister companies that appear to have stopped trading or have unpaid fees.
INFO 10 explains ASIC’s power to deregister companies. This applies to all registered companies. ASIC may deregister a company if it believes the company has ceased trading, or if it has outstanding fees and penalties. This information sheet provides details on the process.
Why it matters
Ensure your company is actively trading and fees are paid. Otherwise, ASIC could deregister it, impacting your business’s legal standing and potentially assets.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/for-business/closing-your-company/deregistration/asic-initiated-deregistration-of-company/. Rules Mate indexes + summarises; always verify against the regulator's live publication.