If you own a company or hold a business name in Australia, important changes are coming your way.
From 1 July 2025, the Australian Securities and Investments Commission (ASIC) will increase its fees across many commonly lodged documents—including company registrations, business name renewals, and late lodgments.
For many small to medium businesses—especially those managed by busy directors or non-native English speakers—these changes may go unnoticed until a late penalty arrives. That’s why it’s critical to prepare early and ensure your compliance processes are in place.
Key Fee Increases (Effective 1 July 2025)
| Document Type | Fee (from 1 July 2025) |
|---|---|
| Register a new proprietary company | $611.00 |
| Reserve a company name | $62.00 |
| Change a company name | $503.00 |
| Annual review fee (proprietary company) | $329.00 |
| Late payment (up to 1 month late) | $98.00 |
| Late payment (more than 1 month late) | $411.00 |
| Business name registration/renewal – 1 year | $45.00 |
| Business name registration/renewal – 3 years | $104.00 |
What This Means for You
- Annual compliance is becoming more expensive. For proprietary companies, the annual review fee has risen to $329, making it more important than ever to budget for ongoing compliance costs.
- Late lodgment penalties are steeper. A missed deadline could cost you up to $411, which can easily be avoided with timely action.
- Changes to company name or registration are now more costly. These updates can affect start-ups or businesses going through restructuring or rebranding.
How Boa & Co. Can Help
At Boa & Co. Chartered Accountants, we understand that ASIC obligations can feel complex—especially for business owners who are juggling daily operations, staff, and financials. Our experienced corporate services team can:
- Track and manage your ASIC deadlines
- Prepare and lodge company changes on your behalf
- Ensure your annual review and business name renewals are done on time
- Help you avoid unnecessary late fees and compliance headaches
We already support many clients from culturally and linguistically diverse backgrounds, offering clear guidance and reliable reminders in both English and Mandarin when needed.
Don’t Let a Missed Deadline Cost You
With rising ASIC fees and stricter enforcement, timely action is more critical than ever. Whether you’re starting a new company, updating business details, or just managing ongoing compliance, we’re here to support you every step of the way.
📞 Call us on 1300 952 286,
📧 Email [email protected], or
🌐 Visit www.boanco.com.au to speak with one of our corporate compliance specialists today.