Fee increases from 1 July

Every year on 1 July, ASIC and Consumer Affairs Victoria (CAV) increase their fees.

ASIC have already published their fees for the new financial year. ASIC’s fee for registering a proprietary company will be rising $13, increasing from $444 to $457.

On 1 July, we will be adjusting our fees to reflect these disbursement increases. We will notify you of our new prices a few days before the new financial year.

Note that all orders registered and/or received from 1 July 2014 will be charged at our new prices.

Common seals

Other than the ASIC and CAV fee rises, the only other price change Castle will be making is to our common seals.

As they have not been a requirement since 1998, fewer people have been ordering common seals. By not ordering a seal, your clients benefit from a lower price to form their companies, faster delivery of their orders and not having to monitor the whereabouts of the seal. For some years now we have found that bureaucratic institutions, such as banks and government bodies, no longer insist on the use of a seal.

For these reasons, our company packages will no longer include a common seal from 1 July.

To add a common seal to your order will now cost:

  • $33 with a Premium and Standard package, and
  • $44 with an Electronic package (this includes $11 for postage and handling).

This is the first time that we have raised the price of our common seal in many years, and we have done so in order to reflect the rising cost of producing the common seals.

Removing the common seal from our Premium and Standard packages means that the package prices are now reduced by $16.50 (note that we had already made this change with our Electronic packages). You will see that we have slightly decreased the price of all of our company packages even further.

If you have any questions, please give us a call on 03 9898 6666 or send us an email.