Before you can update your details with ASIC, you need to have your unique 'key'. This is to protect your identity and ensure that only authorised people can review and change your business details.
Below is a summary of the different types of keys that are available and how you can use them.
Your ASIC key is used to link your business name, SMSF auditor, or authorised representative to your ASIC Connect account. This is a 'once-off' process; once you've linked your entity, it's permanently added to your account. You cannot update your details until you've linked your ASIC key.
Your ASIC key is sent when you first register, and with your renewal notice.
Your corporate key is used to register for online access for your company. You can view your company details, lodge documents, and receive your annual statements online. You cannot register for online access without your corporate key.
Your corporate key is sent when you first register your company, and with your annual statement each year.
AUSkey is a single key that can be used to access a wide range of online government services. Having an AUSkey means you don't need different usernames and passwords for different websites. ASIC, the Australian Taxation Office (ATO) and the Australian Business Register (ABR) accept AUSkey.
Using AUSkey is optional; you can still create a username/password account with ASIC.