Question
Does my client have to pay the Annual Review fee if the Company is being Deregistered?
The Company has other outstanding debts, can it still be deregistered?
I lodged a form 6010 to deregister a Company but the Company is still registered, why?
What happens if ASIC cancel the deregistration due to non payment of the fee?
Where can I locate the ASIC invoice for a deregistration?
Answer
Does my client have to pay the Annual Review fee if the Company is being Deregistered?
As long as the form 6010 Deregistration has been lodged with ASIC at least two or more weeks before the payment deadline of the Annual Review fee, the client does not have to pay the Annual Review fee.
The Company has other outstanding debts, can it still be deregistered?
No, all outstanding debt must be paid prior to the lodgement of the form 6010.
I lodged a form 6010 to deregister a Company but the Company is still registered, why?
If the form 6010 was lodged successfully but, the deregistration fee has not been paid to ASIC within 28 days, ASIC will cancel the deregistration.
What happens if ASIC cancel the deregistration due to non payment of the fee?
We recommend to lodge a new 6010 form to ensure all declarations and details are accurate and up to date.
If the form was rejected, when relodging, there will be one deregistration fee to pay.
If the form was successfully lodged and the fee was paid, however ASIC have decided to reject the request after review, a new form can be created and a new deregistration fee will be issued.
How long does it take for ASIC to deregister the Company once the form 6010 has been lodged and the deregistration fee paid?
It can take up to two weeks for the deregistration form to be processed and the notification to be published.
Two months after the notice has been published, the Company will be deregistered.
Further information on voluntary deregistration is available via this link.
Where can I locate the ASIC invoice for a deregistration?
If the form 6010 was lodged through NowInfinity and ASIC has generated the invoice (this can take up to 14 days), the invoice can be accessed from Menu > Corporate Messenger > Companies > Company Profile > Recent Documents > Invoice Statement.