Advance payment of annual ASIC fees

Companies and schemes can choose to pay their annual review fee 10 years in advance at a discounted rate.

Your company or SMSF can avoid price increases for the length of the payment.

Fees:

Things to note:

  • Refunds are not available.
  • Advance payments of annual review fees are separately recorded and do not appear as a credit on your account.
  • ASIC cannot use an advance payment of review fees to pay any other amounts you may owe. You must pay these amounts separately.
  • Although you are not required to pay your annual review fee each year, you must review your annual statement and notify us of any changes with 28 days.
  • Company directors must also pass and store a solvency resolution within two months of the review date, unless your company has lodged a financial report with ASIC in the last 12 months.
  • If your company is registered as a charity with the Australian Charities and Not-for-Profits Commission (ACNC) some of your reporting obligations to ASIC will no longer apply.

If you would like our assistance or have any questions, please don’t hesitate to contact Heather Thomas on 9421 1722.