Australia Annual Review Statements: Fees, Details and Solvency Resolutions

An ASIC annual review is not just an invoice payment. After receiving the annual statement, a company must control the fee, company-detail review and solvency resolution together; a missing step can create late fees or record risk.

Start with the official framework

ASIC's current guidance identifies three core obligations: pay the annual review fee, check and update the company details on the statement, and pass a solvency resolution. The fee is generally due within two months after the annual review date, and directors normally address the solvency resolution within that period.

Four checks before filing or updating

• Confirm the annual review date, statement-delivery address, responsible owner and payment deadline.
• Check addresses, share structure, officeholders and members, and register real changes promptly.
• Have directors form a solvency view using cash flow, debts as they fall due and reliable financial information.
• Retain the annual statement, payment evidence, change confirmations and signed resolution as one annual file.

Turn a filing into a reviewable annual record

Assign one clear owner to maintain the due date, source data, approvers, submission acknowledgement and follow-up actions. An international group should also document hand-offs among the local company secretary, finance team and headquarters. If personnel or providers change, the evidence should still show what data was used, who approved it and whether downstream records were aligned.

Common risks

• The registered agent or an old inbox receives the statement but the responsible team never sees it.
• Waiting for the annual review to report company-detail changes that occurred much earlier.
• Treating solvency as an unsupported routine signature or failing to retain a resolution.

JK GLOBAL's practical view

Begin with events and records, not with the form. Confirm what actually changed during the period, then reconcile internal registers, financial information, official records and supporting evidence. JK GLOBAL can help cross-border businesses organise compliance calendars and information checklists, and coordinate qualified local legal, accounting or corporate-service professionals where specialist judgment is needed.

Historical publication date: 2026-08-06; editorial review: 21 August 2026. This article is based on official information published by Australian Securities and Investments Commission. It provides general information only and is not legal or tax advice. Rules, fees, deadlines and case-specific treatment may change; check the latest official requirements before acting. Source: Australian Securities and Investments Commission.