FS70 Australian financial services licensee profit and loss statement and balance sheet
|Description||Australian financial services licensee profit and loss statement and balance sheet|
|Purpose||AFS licensees are required to lodge an FS70 (profit and loss statement and balance sheet) and FS71 (audit report) or FS76 (annual compliance certificate) for each financial year.|
|Applicable Fees||FS70A By Body Corporate||No fee|
|FS70B By Natural Person||No fee|
|FS70C By Superfund trustee, partnership||No fee|
|FS70D By Body Corporate Non Disclosing Entity||No fee|
A body corporate that is a disclosing entity: within 3 months of end of financial year
A body corporate that is not a disclosing entity: within 4 months of end of the financial year
A non-body corporate: within 2 months of end of the financial year
$82 for up to one month late
$340 for over one month late
ASIC has extended the lodgement deadline for unlisted entities with balance dates from 31 December 2019 to 31 March 2020, by one month.
When lodging online entities may receive a message stating a late fee was incurred, please disregard this messaging.
Should entities receive an invoice with a late fee from ASIC, they are asked to contact us online for assistance.
|Legislation References||Corporations Act 2001\989B\2Corporations Act 2001\912AA|
|Related Forms||Related Information|
|Online Lodgement||for AFS licensees||Paper Lodgement||last updated: 05/10/2020|
|Address for lodgement||
You must lodge your annual accounts and audit report online via our Licensees portal.
You should complete, sign and retain your signed original FS70 profit and loss statement and balance sheet and FS71 audit report and/or annual compliance certificate for your records.
For more information, see AFS licensees - lodging annual accounts and audit report using forms FS70 and FS71