Company Annual Review Fees

Australian Securities and Investments Commission (ASIC) charges an annual review fee for registered companies in Australia.

The annual review fee helps cover the costs associated with maintaining accurate records of companies operating in Australia.

Currently, the fee for PTY LTD is $321.00 and a SMSF trustee PTY LTD is $65.00.

If a company fails to pay its annual review fee on time, ASIC will impose late payment fees.

These late fees can vary depending on how late the payment is made and the type of company. The longer the delay, the higher the late fee will be.

ASIC usually provides a grace period for companies to pay their annual review fees after the due date. During this grace period, you can pay the fee without incurring late payment fees. However, it’s crucial to pay attention to the specific due date and grace period details, as they can change.

If a company consistently fails to pay its annual review fees and late payment fees, ASIC may take further enforcement actions, such as issuing penalty notices or even deregistering the company.

To get the most accurate and current information regarding ASIC annual review fees and late fees, you should visit the ASIC website (https://asic.gov.au) or contact ASIC directly. They can provide you with the latest fee schedule and any recent changes to regulations.

If you would like further information about ASIC fees and process, please get in touch with us here at support@waive.com.au.