With the start of the new financial year, you should be aware that ASIC has increased the majority of its standard fees that will have application from 1 July 2014.
While a complete summary of the revised ASIC Fees can be found on the ASIC website, we have summarised the changes to the most common ASIC fees below:
Choosing a company name
| Item |
Use from: |
From 1 July 2013: |
From 1 July 2014: |
| Reserve a company name |
410 |
$44 |
$45 |
| Extend a reservation of a company name |
410 |
$44 |
$45 |
Registering your company, registrable Australian body or scheme
| Item |
Use from: |
From 1 July 2013: |
From 1 July 2014: |
| A Proprietary company |
201 |
$444 |
$457 |
| A public company whether listed or unlisted (including companies limited by guarantee) |
201 |
$366 |
$377 |
| A managed investment scheme |
5100 |
$2225 |
$2290 |
Late lodgement fee
| Item |
From 1 July 2013: |
From 1 July 2014: |
| If the document is lodged with ASIC within 1 month after the prescribed time |
$72 |
$74 |
| If document is lodged with ASIC more than 1 month after the prescribed time |
$299 |
$308 |
Annual review fees
| Item |
From 1 July 2013: |
From 1 July 2014: |
| A public company (except a special purpose company or a small transferring financial institution) |
$1113 |
$1146 |
| A proprietary company (except a special purpose company) |
$236 |
$243 |
| A special purpose company |
$44 |
$45 |
| A registered scheme |
$1113 |
$1146 |
Upfront annual review fees
| Item |
From 1 July 2013: |
From 1 July 2014: |
| A public company (except a special purpose company or a small transferring financial institution) |
$8524 |
$8774 |
| A proprietary company (except a special purpose company) |
$1771 |
$1823 |
| A special purpose company |
$332 |
$342 |
| A registered scheme |
$8524 |
$8774 |
Changing the set up of your company
| Item |
Use from: |
From 1 July 2013: |
From 1 July 2014: |
Change the company name
Notify a members’ resolution to change the company name |
205 |
$366 |
$377 |
Change the company type
Notify of members’ resolution to change the company type (e.g. from Public to Pty) |
205 |
$72 |
$74 |
Fundraising/disclosure
| Item |
Use from: |
From 1 July 2013: |
From 1 July 2014: |
| Lodge a prospectus |
764B or 764C |
$2225 |
$2290 |
| Lodge an offer information statement |
764E |
$2225 |
$2290 |
| Lodge a profile statement |
764F |
$2225 |
$2290 |
| Lodge a product disclosure statement |
764K |
$2225 |
$2290 |
Business names
| Item |
From 1 July 2013: |
From 1 July 2014: |
| A new application for registration of a business name to an entity for 1 year |
$33 |
$34 |
| A new application for registration of a business name to an entity for 3 years |
$76 |
$78 |
If you have any questions in relation to the ASIC fee changes, please do not hesitate to contact us.
