Learn the essentials of ASIC’s annual company review: the three key steps you must complete
ASIC Company Review: Each year, around your registration anniversary, ASIC sends a statement with your company details and an invoice for the annual review fee
Your 3 key steps: 1. Pay the ASIC review fee 2. Check and update your company details 3. Pass a solvency resolution
Penalty: Late ASIC fee payment can mean fines up to $411
Extra Help: Download a free solvency resolution template or appoint ANNA as your ASIC agent
Every company has to complete an annual review. It’s how ASIC makes sure your company info’s up to date and your ASIC fee is paid
ASIC sends an annual statement with a summary of your registered details and an invoice for the review fee. See a sample
If ANNA is your appointed ASIC agent, the statement comes to us and we’ll forward it on. If not, it’ll land at your registered office address
Not seen it within 5 business days of your review date? Let us or ASIC know. Your review date is usually your company’s registration anniversary. If that’s changed, give us a heads up so we can update our records
Once you receive the statement, you’ve got three key jobs:
Step 1: Pay the annual review fee
Step 2: Check your company details and update them if needed
Step 3: Pass a solvency resolution (you can download a free template here and keep a copy on file)
Got questions? Reach out to us via app chat. You can also find more info about company annual reviews on the ASIC website
<<<< Back to ANNA ASIC Company Statement
ANNA +Taxes is available for newly registered companies - first 1,000 customers get 6 months free. We auto-categorise your transactions and take care of your lodgements.
Register NowIt’s the annual document ASIC issues on your review date, confirming company details and invoicing the annual review fee
Each year, ASIC needs to confirm your company’s details and collect a fee. ANNA handles the statement, keeps you compliant, and gives you handy reminders so nothing slips
Your review date is the anniversary of your company’s registration. ASIC sends a reminder every year, but it’s your responsibility to make sure it’s paid within two months of that date
From 1 July 2025, it’s $329. This amount is set by ASIC and can change from time to time
Yes. Directors must pass a resolution within two months of the review date and keep the minutes with company records
Your review date is the anniversary of your company registration. You’ve got 2 months from that date to pay. Miss the window and ASIC starts adding late fees and yes, they stack up fast:
From 1 July 2025, These amounts are set by ASIC and can change from time to time
1 month late = $98
2 months late = $411 Don’t pay? ASIC can deregister your company. Not ideal
In rare cases, yes – but only if something big and beyond your control happened. Think floods, fires, court orders or ASIC messing things up
• Form 362 – let ANNA act as your company’s ASIC agent
• A Solvency Resolution, which needs to be signed by directors
Yes! We are a registered ASIC agent. Our registration number is 50939
As your ASIC agent, we handle the paperwork, correspondence, and updates with the ASIC – like changing your address or director info. Less admin, more peace of mind
Yep. No fee, no active company. ASIC’s rules, not ours
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