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Are your company details up to date?

Details of every company registered in Australia are kept on our corporate register.

Companies must ensure that the details held on our corporate register are kept up to date by telling us of any changes to these details. The Corporations Act 2001 (Corporations Act) requires companies to tell us of changes to details on the appropriate form, generally within 28 days after the change. See INFO 20 Checklist for registered companies and their officers for more information about advising us of changes to your company’s details.

If your company is registered as a charity with the Australian Charities and Not-for-Profits Commission (ACNC) some of your reporting obligations to ASIC will no longer apply. See here for details.

Annual statement

We will send your company an annual statement each year within a few days of its annual review date. For most companies the annual review date will be the same as their date of registration.

We will send your company’s annual statement to one of the following:
If you have not received your annual statement within five days after the review date you should contact us.

The annual statement will contain a covering letter, a Company statement and an invoice statement.

If the information is not correct, you must tell us of any changes within 28 days after the issue date of the annual statement.

In most cases you can do this on either:

Return of particulars

To ensure that the information on our corporate database is kept up to date, we may give your company a Return of particulars under s348A of the Corporations Act. You must respond to the Return of particulars within two months or your company will be in contravention of the Corporations Act.

What you will receive

When we send a Return of particulars, you will receive:

What you need to do

When we send a Return of particulars, you must review the information in the Company statement and make a declaration about its accuracy on the Form 483 Company compliance statement.

If the information is not correct, it must be updated using the appropriate ASIC form, usually: You also need to pay any outstanding fees in full and provide us with a solvency resolution statement (you may be required to pass a solvency resolution).

You must lodge the completed forms and pay outstanding fees within two months of the issue date shown on the Return of particulars.

Compliance action

It is important to respond to a Return of particulars within two months of the date of issue. If you fail to respond in time, we can commence civil or criminal action against your company. If you do not respond to the Return of particulars ASIC may also start deregistration action against your company under s601AB(1) of the Corporations Act.

This is Information Sheet 7 (INFO 7). Information sheets provide concise guidance on a specific process or compliance issue or an overview of detailed guidance.

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