Lodge the ASIC annual company statement and review fee
Every Australian company has an annual review date — confirm details and pay the fee.
Who must comply
All companies registered under the Corporations Act.
What triggers it
Annual review date (anniversary of incorporation).
When due
Solvency resolution within 2 months of annual review date; fees due 2 months after annual statement.
Evidence required
Signed solvency resolution, proof of fee payment, updated ASIC records.
Max penalty
Late lodgement fees plus possible deregistration
Summary
ASIC issues each company an Annual Statement on its annual review date (the anniversary of registration). Directors must check details (registered office, directors, share structure, members), correct any errors, sign a solvency resolution, and pay the annual review fee within 2 months. Late fees apply ($98 up to 1 month, $411 thereafter).
Enforced by
Source legislation
Entity types
Topics
Related obligations
Frequently asked questions
- Who must comply with the ASIC annual company statement and review fee?
- All companies registered under the Corporations Act.
- What triggers the ASIC annual company statement and review fee?
- Annual review date (anniversary of incorporation).
- When is the ASIC annual company statement and review fee due?
- Solvency resolution within 2 months of annual review date; fees due 2 months after annual statement.
- What is the maximum penalty for the ASIC annual company statement and review fee?
- Late lodgement fees plus possible deregistration
- What evidence is required for the ASIC annual company statement and review fee?
- Signed solvency resolution, proof of fee payment, updated ASIC records.
Source: https://asic.gov.au/for-business/running-a-company/annual-statements/. Rules Mate is not a law firm. Always verify against the live regulator source before acting.