Proprietary Company Requirements
Proprietary companies, commonly known as Pty Ltd companies, are one of the most used structures for a business. To qualify as a proprietary company, specific
In Australia, every company is required to pay ASIC an annual fee to maintain its registration.
The fee varies depending on the type and size of the company.
| Type of company | Annual review fee |
| A proprietary company | $329 |
| A special purpose company (proprietary) | $67 |
| A special purpose company (Public) | $62 |
| A public company | $1,528 |
These fees are subject to annual adjustments based on the Consumer Price Index (“CPI”).
Failure to make payments on time will also result in infringements by ASIC:
If you require any assistance or have any questions, you can contact us here.
Further Reading:
https://asic.gov.au/for-business/running-a-company/annual-statements/
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