ASIC Registered Agent Service for Small and Medium Enterprises (SME) in Australia
When it comes to Company Secretarial work, ASIC Compliance for small businesses is an easily overlooked task with most Australian entrepreneurs preferring to work in the business, rather than on it. Every company, and its directors, need to update ASIC on any changes to addresses, share structure, officeholders and members. The company also needs to pay Annual Review fees and maintain Solvency Resolutions. Failure to do so in a timely manner can attract ASIC late lodgement penalties of $401 (as of 1 July 2024).
If you're a small business, Patricia Holdings can manage the ASIC compliance side of company secretarial work on your behalf. We will act as your ASIC Registered Agent and will collect and distribute ASIC Annual Review packs, draft resolutions or minutes and lodge any documents relating to changes to addresses, share structure, officeholders and members on your behalf. As your appointed ASIC Agent, we can also request your Company Statement, Company Extract report and Corporate Key for your company when you need them.
How does the ASIC Registered Agent for Australian Companies service work?
When you sign up for this service, you appoint Patricia Holdings as your Registered ASIC Agent. We set your company up in our system ready to make lodgements on your behalf and act as the intermediary between your company and ASIC. When you make a change to your company and need to notify ASIC, you will let us know via email and we will then update with ASIC by preparing and lodging the appropriate ASIC Form. We will also prepare all the related directors’ and members’ minutes and other register documents to fully comply with ASIC requirements for changing your company details as well.
On the anniversary of your company’s registration date, which is also called the Annual Review date, we will collect and provide you with an ASIC Annual Review pack which is compromised of the ASIC Company Statement, ASIC invoice for the annual review fees and a Solvency Resolution.
How do I sign up for the ASIC Registered Agent – SME compliance service?
You can sign up to this Company Secretarial service in one of two ways:-
- If your company is already registered, you can start the process to appoint Patricia Holdings as your ASIC Registered Agent here.
- If you haven’t yet registered your company, you can subscribe to this service during the company registration process. To order your new company registration and appoint Patricia Holdings as your ASIC Registered Agent, click here.
We will then inform ASIC using a Form 362 that we are your Registered Agent and will act on your behalf. It’s that simple.
What does "ASIC Registered Agent" mean?
An ASIC Registered Agent is a person or company with the authorisation to lodge company related documents with ASIC on the company’s behalf. As the Registered Agent, not only do we act as the intermediary between our customers and ASIC, but we also help our customers stay compliant with ASIC and their lodgement notifications under the Corporations Act 2001 (Cth). We are responsible for lodging certain documents (where notification has been received from the client) and receiving and distributing annual company statements and ASIC annual review invoices within ASIC’s schedules.
How do I notify ASIC of changes to my company?
Our ASIC Registered Agent service is an Outsourced Company Secretarial service which means that you don’t have to worry about paying for or learning new software, or keeping up to date with ASIC’s requirements and lodgement schedules.
You simply email us at This email address is being protected from spambots. You need JavaScript enabled to view it. quoting the company name, A.C.N. and changes needed. We will then generate the ASIC Forms and related documentation (including Minutes, consents, resignations etc) and send them to you for signing before lodging with ASIC. Each lodgement can have multiple changes.
How much does the Company Secretarial - ASIC Compliance for Small Business service cost?
Our pricing starts at $155+GST per annum.
Standard
1 Year
$190+gst
Buy In Bulk & Save
3 Years
$465+gst
What’s included in this ASIC Registered Agent Subscription?
Generation and distribution of the ASIC Company Annual Statement, ASIC annual review fee invoice, Solvency Declaration and the following standard ASIC changes:
- Changes to company addresses
- Appointment and cessation of company officeholders
- Addition or removal of an ultimate holding company
- Changes to the company’s share structure limited to new issues and transfers of shares
- Changes to officeholder or member details such as names and addresses.
What’s not included in this ASIC Registered Agent Service?
Anything that is outside of the above standard changes including but not limited to, company name change, company deregistration, company register reconstruction, company type conversion, share conversion and share cancellation. These services are priced based on complexity.
Where do the ASIC notifications go?
The ASIC communications will come to our office, or be received via an online mailbox. We will forward any relevant communication to you via email. Additional charges may apply if you require hard copies of any documents be posted or couriered to you instead.
How do I renew my Company Secretarial - ASIC Registered Agent service?
Our Customer Service team will be in touch with you via email once your subscription expires to ensure that you can focus on your business and not on the paperwork. You will have 7 days to pay the invoice for the next year of service. We also offer discounted pricing when you sign up for more than one year at a time.
Can I cancel my ASIC Agent subscription?
While this is an annual company secretarial subscription, you can call or email our Customer Service team and cancel your company secretarial subscription at any time. No pro-rata refunds will be given.
What happens if I sell or wind up my company?
Please call or email our Customer Service team and let us know.
If you need help deregistering your company, changing the company name or have any other company secretarial requirements relating to the sale or winding up of the company, please let us know and we would be happy to try and assist.
What happens if I lose my lodged ASIC documents?
Don't worry - as part of this ASIC Registered Agent service, we will maintain digital copies of all records processed during our agency, which you can request at any time.
What else can you do for me?
Should you have additional company secretarial or ASIC compliance requirements, please call or email our Customer Service team and we would be happy to assist.
