2 Minute Quick Guide: ASIC Company Statement quick intro

13 August, 2025 · 2 min read

Author

Livia Lin

ASIC Company Statement: A quick intro

What is company ASIC review?
What you need to do
Quick tips

What is company ASIC review?

Every company has to complete an annual review. It’s how ASIC makes sure your company info’s up to date and your ASIC fee is paid.

ASIC sends an annual statement with a summary of your registered details and an invoice for the review fee. See a sample.

If ANNA is your appointed ASIC agent, the statement comes to us and we’ll forward it on. If not, it’ll land at your registered office address.

Not seen it within 5 business days of your review date? Let us or ASIC know. Your review date is usually your company’s registration anniversary. If that’s changed, give us a heads up so we can update our records.

What you need to do

Once you receive the statement, you’ve got three key jobs:

Step 1: Pay the annual review fee

Step 2: Check your company details and update them if needed

Step 3: Pass a solvency resolution (you can download a free template here and keep a copy on file)

Quick tips

The annual review fee is due on the date shown in your statement, usually two months after your review date. Pay it on time to avoid late fees. Check ASIC Late Fees.
If we’re your appointed ASIC agent, message us in the app to update company details. You’ve got 28 days from when the change happens. Not with us yet? Want to appoint ANNA as your ASIC agent? Buzz us in the app chat and we’ll get it sorted.
Directors must pass a solvency resolution usually within two months of the review date to confirm the company can pay its debts. No need to notify ASIC, just keep a copy. You can grab a free template here. Once you’re done, upload it with your annual statement to your ANNA desktop portal under Documents > Company Documents.

Got questions? Reach out to us via app chat. You can also find more info about company annual reviews on the ASIC website.