Ensure your company remains active with Lawpath’s company compliance experts for just $199 + Government fees!
As Australia’s leading online legal services provider, we equip you with everything your company needs to remain active and uphold legal compliance.
Our service ensures you have your Annual ASIC Compliance completed on time so no late fees are incurred!
Want to avoid the hassle of the paperwork? There will be only two online documents requiring your review and signature, we take care of the rest!
Complete the Company Review form and authorise Lawpath to act on your behalf with ASIC
Sign up to the Business Compliance plan which will provide you year-round company updates and reminders.
Follow the Company Review checklist and your Annual ASIC compliance will be completed for another year.
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Each year your company is obligated to complete an annual review. The review is used to confirm company details and payment of the annual fee of $329 to ASIC. This ensures your company is trading lawfully and remains registered with ASIC.
Yes, you are required to pay ASIC’s annual fee to keep your company active.
The review date is the day you registered your company with ASIC. The annual review payment must be made within 2 months of the review date otherwise your company may be subject to deregistration by ASIC.
If not paid within the two months the following late fees occur:
3 months from Review Date ( 1 month late) = $98
4 months from Review Date ( 2 months late) = $411
Late fees may be waived in circumstances beyond the control of the company, such as delays caused by ASIC, a court order and records
damaged by a fire, flood or disaster.
The form 362 is an ASIC form that authorises Lawpath to become your company’s registered agent. The company renewal package is a document that contains your company’s details logged with ASIC and a Solvency Resolution. The latter document needs to be signed by all of the director/s of the company.
A registered agent is a person or entity that is appointed by a company to manage all of ASIC’s correspondence on their behalf.
The registered agent can process the company renewal on behalf of the company and make changes to your company’s details as required. These changes include updates to the business’s address and shareholders logged with ASIC.
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