On completion of your payment to us, you will receive a tax invoice instantly via email. We are a private Company Review service provider. We strive to offer you a fair price for our annual review services.
With our Company Review service, we will:
- Pay your statutory annual Company Review Fees.
- Help you to store your Company Statement and archive it in your account.
- Help you to store your Company Corporate Key (and archive it in your account).
- Help you to perform your Solvency Resolution, that you must pass and store (archive in your account with us).
To keep your company registered, you must complete the following steps.
Step 1: Pay your annual Company Review fee
To keep your company registered, you can enter your Reference Number on our website – reg.com.au – and pay the Statutory ASIC Fee (that we will pass onto ASIC) and our Service Fee by the due date (i.e. your review date, or within two months of your company’s annual review date) or else late fees will apply (from ASIC).
We pay your Statutory ASIC Fee of: $329
Your Service Fee is the remaining balance you pay at checkout (which may or may not include your early payment discount fee, if you have initiated it).
Payment options
Simply enter your Reference Number on our website – reg.com.au – to pay your Statutory ASIC Fee (that we will pass onto ASIC) and our Service Fee.
Discount fee
Our discount fee is only applicable if you pay before the early discount date indicated on your notification and only applies to our service fee, not the statutory fee.
Late payment fee
Late fees apply (by ASIC) if you don’t pay your annual review fee within 28 days. The fees increase if you pay over 1 month late.
Step 2: Check and update your Company Details:
Once you’ve made your payment, we will pay your Statutory ASIC Review Fee and help you to store your Company Statement and Corporate Key. If any details are incorrect, you can let us know and we will advise you how to change them. This includes changes to your addresses, contact details, officeholders and members.
Late review fee
You must lodge changes (to ASIC directly) within 28 days of the annual statement issue date, or a further late fee will apply (from ASIC).
Late lodgement fee
While you only receive one annual Company Statement each year (from ASIC), changes to your company details must be lodged (directly to ASIC) as they occur, to avoid a late lodgment fee.
A company may be charged both a late lodgment fee and a late review fee.
Note: all statutory late fees are issued by ASIC directly to your ASIC account. We are Registration. We are independent of ASIC.
Step 3: Pass a Solvency Resolution
Company directors must pass and store a solvency resolution within two months of the annual review date, unless you have lodged a financial report with ASIC in the past 12 months.
A solvency resolution is a resolution made by the directors of a company as to whether or not, in their opinion, the company will be able to pay back its debts when they are due.
The directors must have a reasonable basis for their opinion and the resolution must be passed by a majority.
We will send you a template to fill out, called a Solvency Resolution, to you on your review date, or shortly after.
Your solvency resolution may be a:
Positive solvency resolution – passed when directors believe that the company will be able to pay its debts when they are due. You must print and sign your Solvency Resolution document that we send you, and return it to us within 2 months so we can store it in your account.
Negative solvency resolution – passed when directors believe that the company will not be able to pay its debts when they are due. You must not sign your Solvency Resolution and notify us if the directors pass a negative resolution.
If the directors of the company do not pass a solvency resolution within two months after a review date, you must notify us.
We help you to fill out the Solvency Resolution Template correctly, how to pass it, and then securely store and archive it in your account with us.
