Do I need to tell ASIC if my company issues or cancels shares?
- If you are a proprietary company you must lodge a Form 484 and tell ASIC of any changes to:
- member details;
- share allocation;
- share issue;
- share cancellation; and
- change to the share structure.
- If shares are issued under contract then you must use 2 forms. You also must use Form 484 in addition to Form 207Z - certification of compliance with stamp duty law. This form certifies that the company has paid all state and territory stamp duties associated with the written contract.
- All forms must be lodged within 28 days. A late fee will apply if you lodge outside this timeframe. You must write your corporate key on the form if you use a paper Form 484.
Read some more FAQS from our Company Compliance section