If your company had its ASIC review date between July 2025 and June 2026, the invoice said $329. If the review date is on or after 1 July 2026, it now says $342. Same company, same paperwork, a different number, and plenty of directors are asking us which one applies.
This guide looks back at the 2025-26 review year, explains what changed from 1 July 2026, and walks through the parts of the annual review that have nothing to do with the fee: the annual statement, the 28-day update window, the solvency resolution and late fees. Figures were checked against ASIC, business.gov.au and ATO pages on 7 October 2026.
It is written for directors of small proprietary companies, family trustee companies and SMSF trustee companies. If you only want the current 2026-27 numbers, read our ASIC annual review fee 2026 guide, which covers this year’s fees in detail.
Key takeaways
- Proprietary company annual review fee: $321 in 2024-25, $329 in 2025-26 and $342 from 1 July 2026.
- ASIC indexes most fees to CPI on 1 July each year, so the fee on your invoice depends on when your review date falls.
- Lodge outstanding changes within 28 days of your review date and pay within 2 months.
- Directors must pass a solvency resolution within 2 months of the review date. A negative resolution must be notified to ASIC within 7 days on Form 485.
- Unpaid fees attract two tiers of late fee, and ASIC may deregister a company if the fee is still unpaid 12 months after the due date.
ASIC annual review fee at a glance
| Item | 2025-26 review year | From 1 July 2026 |
|---|---|---|
| Proprietary company annual review fee | $329 | $342 |
| Company registration fee | $611 | $636 |
| Special purpose company (e.g. SMSF trustee only) | Lower fee applies | Lower fee applies, check your invoice |
| Time to lodge outstanding changes | 28 days after review date | 28 days after review date |
| Payment due | 2 months after review date | 2 months after review date |
| Solvency resolution | Within 2 months of review date | Within 2 months of review date |
Source: business.gov.au changes from 1 July 2026, business.gov.au changes from 1 July 2025, ASIC company annual review, checked 7 October 2026.
What was the ASIC annual review fee for 2025-26?
For a standard proprietary company, the annual review fee was $329 for review dates from 1 July 2025 to 30 June 2026. That was an increase from $321, according to business.gov.au’s summary of the 1 July 2025 changes.
Some older articles, including an earlier version of this page, listed $329 as the 2024-25 fee. That was wrong. The 2024-25 fee was $321 and $329 applied for the 2025-26 year.
ASIC’s own fee pages draw the dollar amounts from a fee schedule that is updated each July, so business.gov.au’s yearly change summaries are a handy cross-check when you want to confirm a historic amount.
Fee history for a proprietary company
| Review date falls in | Annual review fee | Change |
|---|---|---|
| 1 July 2024 to 30 June 2025 | $321 | – |
| 1 July 2025 to 30 June 2026 | $329 | +$8 |
| 1 July 2026 to 30 June 2027 | $342 | +$13 |
Source: business.gov.au 2025 and business.gov.au 2026.
What changed from 1 July 2026?
ASIC increases some of its fees each year from 1 July in line with the March quarter CPI. From 1 July 2026, business.gov.au confirms:
- the proprietary company annual review fee rose from $329 to $342
- the cost of registering a company rose from $611 to $636
- business name registration or renewal rose from $45 to $47 for one year and from $104 to $108 for three years
The process did not change. The review date, the 28-day window, the 2-month payment deadline and the solvency resolution all work the same way as in 2025-26. If you are setting up a new company this year, our company registration costs guide covers the full set-up budget.
ASIC’s published fee pages for special purpose companies and late fees were showing template placeholders rather than dollar amounts when we checked, so we have not quoted those figures here. Your invoice will show the exact amount that applies to your company.
What does the annual review involve each year?
Around your company’s registration anniversary, ASIC sends an annual statement and an invoice. Per ASIC’s annual review page, it goes to one address only, in this order of priority: your registered agent, your online account, a nominated mailing address, or the registered office.
1. Check the annual statement
The statement lists the company details ASIC holds, such as the registered office, principal place of business, officeholders and shareholders. Check every line. If something is wrong, the change must be lodged within 28 days of the review date to avoid a late fee. Not sure about addresses? See our guide to principal place of business vs registered office.
2. Pass the solvency resolution
Directors must resolve whether there are reasonable grounds to believe the company can pay its debts as and when they fall due. This has to happen within 2 months of the review date, unless the company lodged a financial report with ASIC in the past 12 months.
A positive resolution is kept with the company records and is not lodged. If the resolution is negative, or no resolution is passed, the company must tell ASIC within 7 days using Form 485. If directors cannot honestly say the company is solvent, get advice straight away; our article on bankruptcy vs liquidation explains the options.
3. Pay the invoice
The fee is normally due 2 months after the review date. Use the reference number on the invoice so the payment is allocated to the right company.
What are the late fees and what happens if you do not pay?
ASIC charges a late fee in two tiers: one amount if payment is up to one month late and a higher amount if it is more than one month late. The same tiers apply to late notification of changes. The amounts are indexed, so check ASIC’s late annual review fee page or your late fee notice for the current figure.
If the fee still is not paid, ASIC sends a final non-compliance letter to each director’s residential address. Under ASIC’s late fees guidance, if the fee remains unpaid 12 months or more after the due date, ASIC may deregister the company.
ASIC may waive a late fee where the delay was caused by circumstances beyond your control, such as an emergency or natural disaster. You need to give full information and supporting evidence. A simple oversight is unlikely to qualify.
Worked example: one company, two review years
Kaur Holdings Pty Ltd was registered on 15 March 2020, so its review date is 15 March each year.
2026 review (15 March 2026): this falls in the 2025-26 fee year, so the invoice is $329. Any changes had to be lodged within 28 days, by 12 April 2026 (16 days left in March plus 12 days in April = 28). Payment and the solvency resolution were due by 15 May 2026.
2027 review (15 March 2027): this falls after 1 July 2026, so the fee is $342. The increase is $342 – $329 = $13.
Over the two review dates the company pays $329 + $342 = $671 in annual review fees, provided it pays on time and avoids late fees.
Can you pay less or stop paying?
Special purpose companies
A company whose sole purpose is acting as trustee of a self-managed super fund can be a special purpose company and pays a lower annual review fee. The ATO’s SMSF trustee structure page notes the fee is higher if the corporate trustee also does something else, such as running a business. Read more in our guide to SMSF rules in Australia.
Paying 10 years in advance
ASIC lets companies pay the annual review fee 10 years in advance at a discounted rate, which also avoids future increases for that period. There are no refunds, even if the company closes, and the prepayment cannot be used as a credit for other ASIC amounts.
Deregistering a dormant company
If the company no longer trades, voluntary deregistration stops future fees. All members must agree, the company must not be conducting business, its assets must be worth less than $1,000, it must have no outstanding liabilities, it must not be in legal proceedings and it must have paid all ASIC fees and penalties. There is an application fee. The ATO also expects all final returns and activity statements to be lodged and debts paid first.
Rule of thumb: Treat the review date like a tax deadline. Diarise the review date, the 28-day mark and the 2-month mark for every company you control, and pass the solvency resolution at the same time you pay.
Common mistakes with the annual review
- Using last year’s amount: the fee moved from $329 to $342 on 1 July 2026. Pay the amount on the invoice.
- Ignoring the statement: paying the fee does not fix wrong details. Changes must be lodged within 28 days of the review date.
- Skipping the solvency resolution: it is required even when the fee is paid on time.
- Out-of-date contact details: if ASIC has an old address, you may never see the statement and only find out when late fees arrive.
- Paying fees on a dead company: if the business has stopped, check whether voluntary deregistration makes more sense.
FAQ about the ASIC annual review fee
How much was the ASIC annual review fee in 2025?
For a proprietary company, the fee was $329 for review dates from 1 July 2025 to 30 June 2026, up from $321 the year before. From 1 July 2026 it rose to $342. The amount on your invoice depends on when your review date falls, so check the invoice rather than assuming last year’s figure still applies.
When is the annual review fee due?
The fee is normally due two months after your company’s annual review date, which is usually around the anniversary of registration. Any changes to company details that have not been made should be lodged within 28 days of the review date to avoid a late fee. The due date is printed on the invoice that comes with the annual statement.
Do I have to lodge the solvency resolution with ASIC?
No, not if it is positive. Directors must pass the resolution within two months of the review date, unless the company lodged a financial report with ASIC in the past 12 months, and keep it with the company records. If the resolution is negative or no resolution is passed, the company must notify ASIC within 7 days using Form 485.
What happens if I ignore the annual review fee?
ASIC charges a late fee in two tiers, one for payment up to a month late and a higher one for payment more than a month late. It sends non-compliance letters to directors, and if the fee stays unpaid 12 months or more after the due date, ASIC may deregister the company. Deregistration is far more costly to fix than the fee.
Is the ASIC annual review fee tax deductible?
The ATO lists annual fees charged by statutory bodies such as ASIC as an example of a deductible business operating expense. Keep the invoice and receipt with your records. If the company is a special purpose SMSF trustee or not carrying on a business, ask your accountant how the fee should be treated before claiming it.
Talk to specialist before it costs you
15-minute discovery call. No obligation, no jargon.
Talk to a registered tax agent
Nanak Accountants can act as your ASIC registered agent, track review dates, prepare solvency resolutions and lodge changes for you through our company secretarial services. Call 1300 626 258, visit nanakaccountants.com.au or book a free 15-minute consultation.
This article is general information only and is not personal tax or legal advice. Figures and rules were checked against ASIC company annual review, late fee and deregistration pages, business.gov.au fee change summaries for 2025 and 2026, and ATO pages on deregistration and business deductions (ATO operating expenses) on 7 October 2026. Rates and thresholds change, so confirm the current position before acting.
