Your company's annual statement - video transcript

Each year, we'll send your company an annual statement pack, shortly after your annual review date.

Your annual review date is usually the anniversary of the date you registered the company.

If you have appointed someone to manage your company, we'll send your annual statement to them. If you have an online account with us, we'll email you when your annual statement is available.

Otherwise, we'll post it to your contact address or your registered office address.

Your annual statement pack will contain:

  • a copy of your company's current details
  • your invoice for your annual review fee, and
  • your corporate key

Once you've got your annual statement, you need to do 3 things to keep your company registered:

  1. Pay your annual review fee
  2. Check and update your company details
  3. Pass a solvency resolution

To keep your company registered, you need to pay your fee by the due date. If you don't, late fees will apply and we may even deregister your company.

Your invoice has a number of different payment options, including credit card and BPAY.

You need to check your company's details when you get your annual statement to make sure they're correct.

If any information is incorrect, you can update your details online using your company account.

As part of your annual review, you also need to pass a 'solvency resolution'. This means that in the director's opinion, the company will or will not be able to pay 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.

A solvency resolution must be made within 2 months of your review date and kept with your company's records.

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What is an ASIC key?

Your ASIC key is a unique number used in ASIC Connect that helps us establish your identity and protects your business information by making sure only you and those you have authorised can access it.

Learn more about ASIC keys

What is a corporate key?

A corporate key is an 8-digit number uniquely associated with a company’s ACN. Your company needs only one corporate key.

Learn more about corporate keys

What is an invitation key?

An invitation key is a unique key to register for, or connect to an entity in, the ASIC Regulatory Portal.

Learn more about invitation keys 

What is an industry funding security key?

Your industry funding security key is a unique number used to launch an online transaction in the ASIC Regulatory Portal that will enable us to calculate your final industry funding invoice. You will be prompted to submit business activity metric information on the operation of your business in the previous financial year.

Learn more about industry funding security keys

Last updated: 30/03/2021 09:30