ASIC Fee Increase

From 1st July 2024, ASIC have increased their fees for some of their forms. Please see below for the following charges:

TypeFee from 1 July 2023Fee from 1 July 2024
Annual review fee (for most companies)$310$321
Annual review fee for super fund trustees*$63$65
Application for voluntary deregistration$47$49
Business name registration/renewal for 1 year$42$44
Business name registration/renewal for 3 years$98$102
Reserve a Company Name$59$61
Change of company name$474$491
Company incorporation fee$576$597
Late lodgement fee and Late payment fee
First late fee (up to one month)
$93$96
Late lodgement fee and Late payment fee
Second late fee (more than one month)
$387$401

ASIC fees are not subject to GST.

* Please note that this only applies to companies that meet the definition of a special purpose company as defined in paragraph (f) of the definition of special purpose company in Regulation 3 of the Corporations (Review Fees) Regulations 2003, including that the constitution prohibits distribution of the company’s income or property to its members and that the sole purpose of the company is to act as the trustee of a regulated superannuation fund within the meaning of section 19 of the Superannuation Industry (Supervision) Act 1993. If you have been paying the proprietary company fee and think this scenario may be applicable to your company please contact our office.

For more information please visit the ASIC website

As always should you have any corporate secretarial requirements please feel free to contact Marie Lettieri-Passarelli on 9098 4228 or email her on marielp@dfkbkm.com.au