ASIC Fee Indexation Effective 1 July 2024: What You Need to Know

Effective 1 July 2024, the Australian Securities and Investments Commission (ASIC) will adjust its fees based on the previous March quarter’s Consumer Price Index (CPI). This annual indexation impacts the costs associated with various company lodgement documents. At Prime Company Compliance, we understand how these changes can affect your business, and we are committed to providing clarity and support through these updates.

Key Fee Changes

Here are the updated fees for some of the most commonly lodged documents:

Incorporating a New Company (Form 201): $597
Reserving a Company Name (Form 410): $61
Changing a Company Name (Form 205): $491
Applying to Deregister (Form 6010): $49
Business Name Application (1 year): $44
Business Name Application (3 years): $102
Annual Review Fee (Pty Ltd): $321
Annual Review Fee (Special Purpose): $65

See more from ASIC here: Fees for commonly lodged documents.

Ensuring Compliance

When registering a company, it is vital to have all necessary documents correctly compiled in your company binder. This includes registers, minutes, certificates, and a constitution, among other documents. Compliance with the Corporations Act 2001 is non-negotiable, and failure to maintain the correct documentation can lead to significant penalties.

How Prime Company Compliance Can Help

Navigating the requirements for company registration and compliance can be challenging. ASIC does not provide specific advice on document requirements or preparation. This is where Prime Company Compliance steps in, ensuring that you meet all legal obligations efficiently and accurately. Our services take the stress out of compliance, allowing you to focus on your business.

Stay Updated

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For a comprehensive list of fees for commonly lodged documents, please contact your Prime representative.

Stay compliant, stay informed, and let Prime Company Compliance handle the complexities of your company’s legal requirements.