Set your business up for a proper conclusion with our professional ASIC company deregistration services. With decades of experience navigating the complexities of company closures, PMCA Advisory help you efficiently close your company while ensuring all regulatory requirements are met.
Our experienced team handles the entire deregistration process, ensuring all ASIC requirements are properly satisfied.
Avoid ongoing ASIC annual review fees and other compliance costs associated with maintaining a dormant company.
Ensure your company is closed properly with all legal obligations satisfied, protecting you from future liabilities.
Before applying for voluntary deregistration, your company must meet the following criteria set by ASIC:
Let us help you navigate the risks of closing your business correctly, ensuring all obligations are met and avoiding potential future complications.
Deregistration pricing starts from $795 plus ASIC fee.
Once we lodge your application with ASIC, the process typically takes 2-3 months. ASIC will publish your intention to deregister, and if there are no objections after two months, your company will be officially deregistered.
If the deregistration notice is published before your annual review fee is due, you won't need to pay the fee. We recommend applying at least two weeks before your fee is due to allow enough processing time.
Any assets still owned by the company at the time of deregistration will vest in ASIC. This is why it's crucial to ensure all assets are properly disposed of or transferred before applying for deregistration.
Yes, a deregistered company can be reinstated by application to ASIC or by court order. However, this process is more complex and costly than the initial deregistration, so it's important to be certain about deregistration before proceeding.
Deregistration is suitable for solvent companies that have ceased trading and have minimal assets. Liquidation is a formal process for winding up a company's affairs, typically used for companies with significant assets or liabilities, or insolvent companies.
Contact our expert team today for a no-obligation consultation about your company deregistration needs.
PMCA Advisory is a boutique firm imbued by Philip Martin’s mantra “To be of value”. When you become a client of ours it’s like you are becoming a part of our extended family. No lock-in contracts here, just a desire to see your business grow.
Whether you are receiving Executive Coaching from Philip, being taught accounting software like Xero, or engaging in a business diagnostic by one of our specialists, Philip will personally oversee the portfolio of every business client. You can rest assured knowing you are in safe hands with Philip’s decades of experience as a chartered accountant in a diverse range of sectors.
PMCA Advisory is large enough to provide you specialist staff with dedicated knowledge in specific aspects of your business, yet small enough to allow Philip to be centrally involved in overseeing the entire service. Unlike some larger firms, your account will always be managed by an expert, receiving the attention and service it deserves. We understand no two businesses or business owners are the same and make it our mission to develop a detailed understanding of your unique challenges and give you the most effective set of solutions for your business.
At PMCA Advisory we actively engage with each client about their business. Philip draws upon his years of experience to ask probing questions that enable us to clarify how we can help you grow your business. More than simply providing tax compliance services and tax returns, we help business owners achieve their goals.
In addition to your initial discussion with Philip, where appropriate, each new PMCA Advisory client is invited to undertake an hour-long interview with our Head of Business Diagnostics. In this session we will develop an understanding of you as the business owner, your business, and your aspirations.