ASIC Company Statement

Every company in Australia 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.

If you haven’t received 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, tell us so we can update our records.

What you need to do

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)

Quick tips:

• The annual review fee is due on the date shown in your statement, and its usually two months after your review date. Pay it on time to avoid late fees. Check ASIC Late Fees.‍
• If we’re your appointed ASIC agent, message us in the app to update company details. You’ve got 28 days from when the change happens. Not with us yet? Want to appoint ANNA as your ASIC agent? Let us know in the app chat and we’ll get it sorted.
• Directors must pass a solvency resolution usually within two months of the review date to confirm the company can pay its debts. There is no need to notify ASIC, just keep a copy. You can grab a free template here. Once you’re done, upload it with your annual statement to your ANNA desktop portal under Documents > Company Documents.

Got questions? Reach out to us in the app chat. You can also find more info about company annual review on the ASIC website.