How Much Is Asic Fee?

Step 1: Pay your annual company review fee
Depending on the company type, the annual review fee will change: A proprietary company - $276. A special purpose company (proprietary) - $56. A special purpose company (public) - $52.

What happens if I don't pay ASIC fees?

If the company continues to refrain from paying the annual review fee, as well as any applicable late fees within 12 months of the due date, ASIC may proceed to deregister the company.

Can I claim ASIC fees?

However, ASIC levies are tax deductible. Thank you for your question. Section 26-5 of the ITAA 1997 - penalties or fines imposed by statutory bodies as a result of breaches of an Australian law are not deductible. See the asic.gov.au website for more information: Late payment of ASIC levies.

Sophia Al-Mansoor

Sophia Al-Mansoor

Global Business & E-Commerce Reporter

Sophia analyzes international trade, startup ecosystems, retail transformation, and supply chain logistics for modern digital publications.