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ASIC Companies Register: Why $1M in share capital may not mean AU$1M
Did you know Australian companies can use a currency other than Australian dollars for their share capital? However, ASIC’s Companies Register does not allow for currency selection when lodging this information with ASIC. This means anyone reviewing a company’s share capital on public record can easily be misled. They may assume that the amounts shown on the register are in Australian dollars when in fact they could be in any currency.
Viola Pythas
Sep 252 min read
Skip the Post: Lodge Approved ASIC Forms via Email
ASIC has recently updated its lodgement processes, allowing certain ASIC forms that were historically mail-only to now be lodged with ASIC by email. This is a welcome change towards greater efficiency and convenience for anyone who has frequently lodged hard copy forms by mail!
Emma Volpe
Sep 242 min read
ASIC's RegistryConnect Program
The new RegistryConnect Program will focus on stabilising and uplifting ASIC's business registers.
Viola Pythas
Mar 28, 20242 min read
ASIC increases enforcement for failure to lodge financial reports
This article explores ASIC's increased focus on enforcement on companies for failure to lodge financial reports.
Emma Volpe
Nov 9, 20232 min read
Foreign company registrations in Australia
This article outlines the steps and challenges faced by foreign companies commencing operations in Australia when applying for an ARBN & ABN
Viola Pythas
Oct 20, 20234 min read
Modernising Business Registers (MBR) Program scrapped following cost blowout
Modernising Business Registers (MBR) Program scrapped following cost and timeline blowout
Emma Volpe
Sep 8, 20233 min read
Has your company been deregistered by ASIC?
Every so often we receive a call from a distressed director who has just learned that their trading company has been deregistered.
Viola Pythas
May 9, 20222 min read
The Responsible ASIC Registered Agent Course is now offered as a Self-Paced eLearning Course..
CorpSec Services is very excited to launch of The Responsible ASIC Registered Agent course as a self-paced eLearning course.
Viola Pythas
Jul 4, 20212 min read
Modernising Business Communications & the Corporations Act 2001 (Cth)
The Australian Government is on a roll. First it passed the Commonwealth Registers Act 2020 in June 2020 and the consequential...
Viola Pythas
Jan 22, 20212 min read
Improving the Accountability of Resigning Directors
Improving the Accountability of Resigning Directors -new provisions aimed at combating illegal phoenix activities - commencing February 2021
Viola Pythas
Jan 19, 20213 min read
Tip of the day for directors and secretaries registering a new company
Directors, Secretaries…. when registering a new company make sure you use your official legal name on the ASIC registration application.
Viola Pythas
Apr 27, 20202 min read
Registering a new company is not just about obtaining an ACN & Certificate of Registration.
Registering a new company is not just about obtaining an ACN and Certificate of Registration so you can commence trading.
Viola Pythas
Apr 20, 20202 min read
Voluntarily Deregister your dormant company and save on ASIC fees.
Apply to voluntarily deregister your dormant company before the next annual review period and avoid paying your next ASIC fee.
Viola Pythas
Mar 25, 20203 min read
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