Miss your ASIC annual review fee, and your company could face late fees or even deregistration. It’s a required yearly cost to keep your business legally registered in Australia, and it just went up in 2025.
Whether you’re just starting out or managing an established company, understanding how the review fee fits into your broader ASIC compliance obligations can help you stay organised and avoid penalties. This quick guide breaks down the 2025 fee updates, key deadlines, and how to stay on top of it all.
ASIC annual review fee: 2025 update at a glance
If you run a company in Australia, the ASIC annual review fee is a yearly cost you can expect. From 1 July 2025, updated rates apply. Here’s a quick summary of the updated fees, so you’re not caught off guard:
Company Type | 2024 Fee | 2025 Fee | Increase |
Proprietary Company | $321 | $340 | +$19 |
Special Purpose Company (Proprietary) | $65 | $68 | +$3 |
Public Company | $1,492 | $1,530 | +$38 |
Corporate Collective Investment Vehicle | $1,492 | $1,530 | +$38 |
Late Fee (if paid within 1 month) | $96 | $100 | +$4 |
Late Fee (if over 1 month late) | $401 | $415 | +$14 |
These updates reflect ASIC’s standard annual indexation, designed to align fees with inflation and cover the cost of regulating companies across Australia.
Tip: Pay on time to avoid late fees — they add up fast. And if you’re not sure what applies to your setup, we can help. Let’s keep your company compliant without the stress.
The importance of annual review dates
Your ASIC annual review date isn’t just a calendar event, it’s a legal checkpoint for your company. Each year, ASIC uses this date to trigger your annual review process, where you’re required to confirm and update your company details, pay the annual review fee, and stay compliant.
E.g., if your company was registered on 10 August, this becomes your review date each year.
Missing this deadline can lead to late fees, deregistration notices, or compliance issues. Staying on top of your annual review date keeps your company in good standing and avoids unnecessary admin headaches. Mark it, track it, don’t miss it.
Updating company details and solvency resolutions
As part of your ASIC annual review, there are two key things you need to stay on top of:
✅ Update your company details
You must ensure the following are correct:
- Company address (registered office and principal place of business)
- Director and secretary details
- Shareholders and share structure
If anything changes, notify ASIC within 28 days to avoid late fees.
✅ Pass a solvency resolution
Directors must confirm that:
- The company can pay its debts as they fall due
- This resolution must be passed within 2 months of your annual review date
- You don’t need to lodge it with ASIC unless they ask — but keep a copy on file
Why it matters:
Missing these steps can lead to fines or even company deregistration. Stay organised, and your business stays compliant.
ASIC Late Fees: Your 2025 Guide
Navigating late fees and penalties
Missing your ASIC annual review fee payment or failing to update your company details on time can lead to extra costs, and unnecessary stress. Here’s what to watch out for:
⏰ Late payment fees
- Up to 1 month late: You’ll be charged an extra $100
- Over 1 month late: The fee jumps to $415
- These are on top of your regular annual review fee
⚠️ Failure to update company details
- If you don’t notify ASIC of changes within 28 days, you may face additional penalties
- Inaccurate records can trigger compliance issues or delays in official processing
🚫 Risk of deregistration
- Ongoing non-compliance (like unpaid fees or no solvency resolution) can lead to ASIC deregistering your company altogether
Pro tip: Set reminders for your review and due dates, or delegate this task to a registered agent to ensure no details are overlooked.
Voluntary de-registration and its impact on fees
If you’re no longer trading and want to close your company, voluntary deregistration might be the simplest path, but timing matters when it comes to fees.
- If ASIC hasn’t approved the deregistration before your annual review date, you’ll still need to pay that year’s annual review fee
- Fees aren’t waived just because you’ve submitted the deregistration request
Tip: Plan ahead and lodge early to avoid paying fees you no longer need. Once deregistered, you’re off the hook for future ASIC obligations.
ASIC fee increases and the consumer price index
Each year, ASIC adjusts its fees, including the annual review fee, based on movements in the Consumer Price Index (CPI). This process is called indexation, and it helps ASIC keep pace with inflation and the cost of regulating companies.
📈 What this means for you:
- Fee increases usually take effect on 1 July each year
- The amount varies slightly depending on CPI changes set by the Australian Bureau of Statistics
It applies to most ASIC fees — including company registration, annual reviews, and late fees
Why it matters
- The rise may seem small, but it adds up, especially if you’re managing multiple companies
- Budgeting for the updated ASIC annual review fee helps avoid surprise costs each financial year
Bottom line: Fee increases are automatic and recurring, so it’s smart to check ASIC’s updated fee schedule annually and stay ahead of the curve.
How Sleek Helps with Your ASIC Annual Review
Annual review coming up? Don’t sweat it. As your registered ASIC agent, Sleek takes care of the filings, reminders, and compliance checks, so you don’t miss a beat, an increase in review fees, or a deadline. We can assist you with updating company details and submitting resolutions.
Let Sleek’s registered agents manage your ASIC review and free up your time for what matters: running your business.
FAQs about ASIC annual review fee
It’s a yearly fee paid to ASIC to keep your company registered and compliant under Australian law.
It covers ASIC’s costs to regulate and maintain the company register, ensuring legal compliance.
Once a year, on your company’s annual review date.
All registered companies in Australia, including proprietary, public, and special purpose companies.
Yes, it’s generally considered a deductible business expense.
No, ASIC does not offer discounts or concessions on annual review fees.
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