Starting a Business
8. Fees and Charges
Authors: Staff Legal Eagle
Firm / Chambers:
Last updated: 06 Jul 2015
- The Australian Securities and Investments Commission (ASIC) regulates most of the fees associated with companies.
- Fees are charged for the initial application to register your company as well as a range of ongoing annual fees for maintaining your company's registration and for the lodgement of various documents with ASIC for your annual review.
- The initial registration fee must be paid to ASIC upon application for company registration. The registration fee for companies is around $500.00 at the time of writing.
- Annual review fees must be paid to ASIC each financial year along with fees for lodgement of annual company returns, balance sheets, profit and loss statements and other required documents.
- Late fees are also applied if a company fails to lodge documents on time.
- ASIC fees range from quite modest amounts around $30.00 to quite substantial amounts over $1,000.00 depending on what document you are required to lodge, the size of your company and the regulations which apply to it.
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