When is the best time to deregister your company?

If you know that you would like to deregister your company, it’s a good idea to do it in time so that you can avoid paying the ASIC annual review fee (which, for proprietary companies, is $243).

To ensure that you leave yourself enough time, we recommend that you start the process by submitting a Voluntary deregistration form to us within one week of receiving your annual statement from ASIC. This allows time for ASIC to post the deregistration online in the Insolvency Notices and for us to do the necessary administration to deregister your company.