What Is ASIC Compliance?
ASIC compliance is the practice of meeting the statutory and legal requirements that apply to every registered company in Australia. In plain terms, it means your company registers are accurate, ASIC is told about changes on time, and your details are confirmed each year on your review date.
The scope is broader than most directors expect. It reaches your registered office and principal place of business, your officeholders and members, your share structure, and since 2021, a Director Identification Number for every director issued through the Australian Business Registry Services. Miss a piece, and the register no longer reflects reality, which is usually the moment penalties begin.
ASIC Compliance Services
We offer a comprehensive range of ASIC compliance services, including:
Why ASIC Compliance Matters For Your Business
The consequences of non compliance are financial, legal, and reputational. Changes must reach ASIC within 28 days, and late fees apply in tiers, a smaller charge for lodging up to a month late and a much steeper one beyond that, with amounts indexed every July. Leave a company sitting on the register without paying its annual review fee, and deregistration becomes a genuine risk.
The heavier exposure sits with directors personally. The law requires you to prevent insolvent trading, and a breach can strip away the usual protection of limited liability. For growing Perth businesses in construction, hospitality, and resources services, where cash flow swings hard between projects, that duty is far from theoretical.
Key Dates And Obligations To Stay Aware Of
Your annual review date falls on the anniversary of registration. Around it, ASIC issues your annual statement and invoice, you confirm your details, pay the review fee, and your directors record a solvency resolution. A standard proprietary company pays a set annual fee, while a special purpose company, such as one acting solely as an SMSF trustee, pays a reduced rate.
Size changes the workload too. A company tips into large proprietary territory once it meets two of three thresholds, roughly $50 million in revenue, $25 million in gross assets, or 100 employees, at which point audited financial statements must be prepared and lodged. We watch where you sit against those markers and prepare well ahead of each date.
Key Dates And Obligations To Stay Aware Of
Your annual review date falls on the anniversary of registration. Around it, ASIC issues your annual statement and invoice, you confirm your details, pay the review fee, and your directors record a solvency resolution. A standard proprietary company pays a set annual fee, while a special purpose company, such as one acting solely as an SMSF trustee, pays a reduced rate.
Size changes the workload too. A company tips into large proprietary territory once it meets two of three thresholds, roughly $50 million in revenue, $25 million in gross assets, or 100 employees, at which point audited financial statements must be prepared and lodged. We watch where you sit against those markers and prepare well ahead of each date.
Client Success Story
A hospitality group running two venues near Fremantle approached us after a share restructure went unreported. New shares had been issued to an incoming partner, yet no Form 484 was ever lodged, and the member register still named only the original two owners.
We reconstructed the share history, lodged the outstanding changes, corrected the register, and secured Director Identification Numbers for two directors who had never applied. What could have derailed their upcoming finance application was sorted inside a fortnight, and they now run a quarterly review with us to keep their ownership records clean.
Why Choose Us As Your Registered ASIC Agent
We are a registered tax agent and company secretarial team working from Perth, dealing with officeholders, share structures, and ASIC records every week. That daily exposure means we notice the issues that slip past busy directors, from an overlooked address change to a solvency resolution that was never minuted.
We would rather head off a problem than repair one. So we maintain your records across the year, notify ASIC as events happen, and connect your compliance to the wider picture, including the tax, structuring, and SMSF work we may already handle for you. One team, one view of your obligations, and far fewer gaps.
Frequently Asked Questions
These are the questions Perth business owners raise with us most often about staying compliant with ASIC.
Book Your ASIC Compliance Review Today
Compliance should not cost you sleep or the scattered hours you cannot spare. With our team managing your annual statements, registers, solvency resolutions, and lodgements, your company stays current with every legal requirement while you focus on building it.
Hand us the detail and we will keep it in order. Call our Perth office on (08) 9375 9252 or email reception@perthtaxpro.com to book your ASIC compliance and company secretarial review.



