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The ASIC annual review fee is mandatory for every registered company, even if the business is dormant. In 2026, proprietary companies pay $329 per year, public companies $1,528, and SMSF special purpose trustee companies $67.
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The fee is tied to your company’s annual review date, usually the registration anniversary, and is due within two months. Missing it triggers automatic late fees of $98 (up to 1 month late) or $411 (over 1 month late).
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Paying the fee is only one part of the annual review. Directors must also review company details, update ASIC records if anything has changed, and pass a solvency resolution to remain compliant.
ASIC annual review fee is one of those costs many business owners don’t think about until an unexpected invoice or worse, a late fee lands in their inbox. If you run a company in Australia, this is a mandatory yearly obligation that keeps your business registered and compliant with ASIC.
In this article, we break down exactly how the ASIC annual review fee works, how much you need to pay, when it’s due, and what actions ASIC expects from you each year. You’ll also learn what happens if you miss the deadline and how to avoid unnecessary penalties, so you can stay compliant without the stress.
If you manage ASIC obligations internally, mark your annual review date and follow a simple process: review your company details, pass the solvency resolution, and pay the fee before the deadline.
If you want certainty, Sleek tracks your review dates, checks your annual statement, manages updates, and ensures your fees are handled on time.
What is the ASIC annual review fee?
The ASIC annual review fee is a compulsory yearly fee that all registered companies in Australia must pay to remain active on ASIC’s register. It applies whether your company is trading, dormant, or temporarily inactive.
- Each year, ASIC conducts an annual review of your company to confirm that its details are accurate and up to date.
- As part of this process, ASIC issues an annual statement and charges the annual review fee to maintain your company’s registration.
Paying this fee on time is essential. If you don’t, ASIC will apply late fees and may take further action if the company remains non-compliant.
Importantly, this fee is not a one-off setup cost. Unlike ASIC company registration fees, the annual review fee is an ongoing obligation that continues for as long as your company is registered.
How much is the ASIC annual review fee in 2026?
The amount you pay for the ASIC annual review fee varies based on how your company is structured, with different fees applying to proprietary companies, public companies, and special purpose entities.
ASIC annual review fee 2026
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Company type |
ASIC annual review fee |
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$329 |
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Registered scheme or public company |
$1,528 |
|
$67 |
ASIC also allows companies to pay the annual review fee 10 years in advance (at a discounted rate), while still completing the yearly review steps (like checking details and passing a solvency resolution).
Not sure how to handle your ASIC annual review?
When is the ASIC annual review fee due?
The ASIC annual review fee is due once a year, based on your company’s annual review date. This date usually falls on the anniversary of when your company was registered.
Around this time, ASIC sends your company an annual statement. This document confirms your company’s registered details and shows:
- Your annual review date
- The amount payable
- The due date, which is typically within two months of the review date
You must pay the ASIC annual review fee by the due date shown on the annual statement. If payment isn’t received on time, ASIC automatically applies late fees.
Important: ASIC sends the annual statement to the contact details it has on file. If your email or address is outdated, you may not see the notice, but the fee is still due.
What is an ASIC annual statement and what should you check?
An ASIC annual statement is the document ASIC issues each year as part of your company’s annual review. It’s essentially a snapshot of your company’s key details on ASIC’s register, along with the annual review fee amount and payment due date.
Before you pay, it’s worth taking a few minutes to review the statement and confirm everything is correct. Check:
- Company name and ACN (and ABN if listed)
- Registered office address (and whether you still have permission to use it)
- Principal place of business (if different)
- Directors and officeholders (names, appointments/resignations)
- Share details (where relevant, e.g., share structure and holders)
- Contact details ASIC will use to send notices (email and postal address)
If anything is wrong or has changed, you’ll generally need to update your company details with ASIC and it’s best to do this promptly so your records stay accurate and you don’t miss future notices.
Read more: Principal Place of Business vs Registered Office
What you must do after receiving your ASIC annual statement
Once your annual statement arrives, there are three key actions to complete each year.
1. Review and update your company details (if needed)
Confirm the information is accurate and make any required updates. Even small changes like a new address or a director resignation should be recorded properly to keep your company compliant.
2. Pass a solvency resolution
Directors are generally required to pass a solvency resolution within the required timeframe, confirming whether the company can pay its debts as and when they fall due. This resolution is typically kept in your internal records (it’s not usually something you “pay” or “submit” with the annual fee), but it’s still an important annual obligation.
3. Pay the ASIC annual review fee by the due date
Pay the fee by the due date shown on the annual statement. If you miss it, ASIC applies late fees automatically, so it’s worth treating this like a fixed annual compliance deadline.
The ASIC annual review is more than just a payment request, it’s a yearly compliance check. It requires companies to confirm their details are accurate, directors are correctly recorded, and the business can meet its debts. Treating the review as a governance task, not just a bill, helps reduce long-term compliance risk.
What happens if you don’t pay the ASIC annual review fee?
If the ASIC annual review fee isn’t paid on time, the first impact is immediate:
Late payment fees are added automatically. If the fee remains unpaid, the consequences can escalate beyond extra charges.
If the ASIC annual review fee is not paid within two months of your company’s review date:
- ASIC applies late payment penalties ranging from $98 to $411, depending on how late the payment is.
- For a full breakdown of how these penalties work, see our guide on ASIC late fees.
Here’s what can happen:
- Your company can be marked as non-compliant
An overdue annual review can affect your company’s standing on ASIC’s register and create compliance issues you’ll need to fix later. - ASIC may take further action if the company remains unpaid and non-compliant
In more serious cases, ongoing non-payment can lead to enforcement steps, including potential deregistration of the company. - Practical business disruption
A company that’s not in good standing may face complications with banks, suppliers, tenders, financing, or contracts, especially where third parties check ASIC records before doing business.
The simplest way to avoid all of this is to treat your annual statement like a compliance deadline: confirm your details, complete your annual obligations, and pay the fee before it becomes overdue.
Tip: Staying on top of the annual review process keeps your company in good standing and helps you avoid unnecessary penalties.
Need help managing your ASIC compliance?
ASIC fee indexation: Why the amount can change each year
ASIC fees aren’t fixed forever. Many ASIC charges, including the ASIC annual review fee, are typically indexed each year from 1 July in line with CPI. This means the amount you pay can increase over time, even if nothing about your company changes.
ASIC also notes that these fees are generally GST-free, so the figure you see on your annual statement is the amount you pay, without GST added.
Tip: If you’re reviewing this article after 1 July, it’s worth checking the latest ASIC fee schedule to confirm the current annual review fee for your company type.
ASIC late fees apply automatically, even if you never saw the annual statement. Outdated contact details or missed internal handovers are common reasons companies end up paying unnecessary penalties.
Professional compliance support helps keep your company in good standing, avoid penalties, and prevent disruptions with banks, contracts, or regulators.
How Sleek helps you stay ASIC-compliant
Sleek helps Australian companies manage their ASIC annual review obligations by handling the admin, reminders, and compliance tasks, so nothing slips through the cracks and you avoid unnecessary late fees.
Trusted ASIC compliance support for Australian companies
- End-to-end annual review compliance: We manage your ASIC annual review end to end, tracking key dates, reviewing your annual statement, updating company details, supporting solvency resolutions, and helping ensure fees are paid on time.
- All-in-one business support: From ASIC compliance to accounting, bookkeeping, payroll, and tax, everything is managed in one place.
- Clear, transparent pricing: Straightforward services with no surprise compliance costs.
Whether you’re running a single company or managing multiple entities, Sleek keeps your ASIC obligations organised, so you can focus on running your business, not chasing deadlines.
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Frequently Asked Questions
Is the ASIC annual review fee mandatory?
Yes. All registered companies in Australia must pay the ASIC annual review fee every year to remain on ASIC’s register.
How often do I need to pay the ASIC annual review fee?
The fee is paid once a year, based on your company’s annual review date.
When is the ASIC annual review fee due?
It’s due within two months of your annual review date, which is usually the anniversary of your company’s registration.
