Voluntarily deregistering a company
If your company meets certain criteria, you can apply for voluntary deregistration. This closes your company and removes your obligations as a company officeholder.
- How do I apply for voluntary deregistration?
- What happens once I've lodged my application?
- Do I need to pay my outstanding fees to apply for deregistration?
You can apply for voluntary deregistration by lodging an Application for voluntary deregistration of a company (Form 6010).
Before we can accept your application, you need to ensure:
- all members of the company agree to deregister
- the company is not conducting business
- the company's assets are worth less than $1000
- the company has no outstanding liabilities (e.g. unpaid employee entitlements)
- the company is not involved in any legal proceedings and
- the company has paid all fees and penalties payable to ASIC.
You must include the application fee when you lodge your application.
If you apply for deregistration and you do not meet all these requirements (e.g. there are unpaid company fees), we will reject your application. Your application fee will not be refunded.
If you're lodging online, we'll send you an invoice within 14 days with the payment details. You must pay the fee within 28 days to avoid the deregistration being stopped.
Lodging a paper form
If you're lodging a paper form, include a cheque and send to:
Australian Securities and Investments Commission
PO Box 4000
Gippsland Mail Centre VIC 3841
When lodging a paper form, the application must be signed by a director or member of the company. The application can also be signed by a liquidator of the company.
It is an offence to knowingly provide incorrect or misleading information to ASIC and penalties may apply.
If your application is rejected, we'll write to you to advise why we have rejected it. If you have any further questions about your application, contact us.
If your application is approved, we'll write to you to confirm your company's impending deregistration and publish a notice on ASIC's Published notices website.
It can take up to two weeks (including postage) for us to process your application and publish a notice on our website.
Two months after the notice has been published, your company may be deregistered. We will send you a confirmation notice.
You need to pay any outstanding fees and penalties before you apply for deregistration.
You don't have to pay the current annual review fee for the company if the due date occurs after the notice has been published on the Published notices website. For example: if your company's annual review fee is due on 01/06/2016, but a notice has been published on 30/05/2016, you don't need to pay your fee.
You need to apply for deregistration online or by paper form at least 2 weeks before your annual statement due date. This is so we can process your application and publish a notice on our website.
This is Information Sheet 25 (INFO 25), reissued in April 2016. Information sheets provide concise guidance on a specific process or compliance issue or an overview of detailed guidance.