Company Registration

Everything you need to know about starting and running, including how to nominate directors and shareholders.

How do I voluntarily deregister a company?

You must meet the following requirements in order to voluntarily deregister your company with ASIC:

  • All members must agree to deregister
  • The company should not be conducting business
  • The company must not have outstanding liabilities
  • The company must not be party to legal proceedings
  • The assets of the company should be less than $1000
  • The company must have met all payments pursuant to the Corporations Act 2001 (Cth)

It is important to remember that once deregistered a company ceases to exist as a legal entity. If the company holds business names these may also be cancelled in the process.

The company will remain on the ASIC companies register but will be classified as ‘deregistered’. It is possible to reinstate a deregistered company in the future. Once reinstated a company again retains a registered status as if it were in fact registered the entire time.

You must lodge a Form 6010 with ASIC along with the $40.00 deregistration fee. It is crucial to ensure that you do not have outstanding payments due to ASIC, such as annual review fees, as these will restrict deregistration from occurring.

Please be aware that the deregistration process, once the appropriate forms have been lodged with ASIC, can take about 2 months.

All information provided on this webpage is general information about our products and services. Nothing on this webpage is intended to be professional advice of any kind and should not be relied on as such. You should obtain specific financial, legal or other professional advice before relying on the content of this webpage. By not seeking such advice, you accept the risk that the information on this webpage may not meet the specific needs of your business. Our liability is limited to the maximum extent permitted by applicable law in accordance with our website terms and conditions.

Updated — Aug 30, 2018

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