ASIC Annual Review
Every company has an annual review date, usually the same date it was registered. Shortly after this date, Australian Securities & Investments Commission (ASIC) will issue an annual statement and an invoice. Companies must pay annual review fee to keep the entity registered.
Business owners can check the review date for a company on ASIC’s Organisation and Business Names search. You will need to provide an Australian Company Number (ACN) to do the search.
If you don’t pay the annual review fee in time, you may need to pay additional fees.
ASIC fees are not subject to GST. Note – ASIC annual review fees are deductible on tax return.
Expert Tax are registered ASIC agents. We offer range of services to manage your ASIC accounts including submitting forms for making changes.
Expert Tax also offers services to manage your ASIC correspondence at a small annual fee to ensure you don’t miss any correspondence from ASIC.
Contact Expert Tax on 0449 952 855 or 1300 8 MY TAX (1300 869 829) for further assistance.