Calling Company Officeholders – Keeping up with ASIC requirements

Are you a company officeholder? If you are, then you would know that there are Australian Securities & Investment Commission (ASIC) compliance requirements that you are responsible for.

There are two ways to manage your ASIC requirements – do it yourself or interact with ASIC through an ASIC Registered Agent.

If you do it yourself, ASIC have just released new company officeholder user guides which guide you through common online transactions.

ASIC is encouraging lodging online as part of their vision to move their transactions online. Online interaction offers you many benefits such as no paperwork to print, postage costs, updates can be made at your own convenience, plus when you lodge online most changes are made to the register immediately.

The new user guides provide step by step instructions, including:

• How to register for our online service
• Logging in
• Changing company details
• Appointing or ceasing a registered agent

Download ASIC’s guide here company officeholder user guides .

Registered Agents (Company) act as intermediaries between ASIC and Australian companies to assist companies in meeting their lodgement obligations under the Corporations Act 2001.

Ultimately the officeholders of a company are responsible for meeting their lodgement obligations, however, as a Registered Agent (Company) our role is to act on behalf of the company to help it meet its statutory duties including:

• notifying ASIC within 28 days of any changes to the company’s details,
• making sure the company reviews its annual statement, as well as,
• encouraging the on time payment of fees owed to ASIC.

Balanix Solutions offers ASIC Registered Agent services – if you would like to know more, please call us today on 3264 4783.

Balanix Solutions – Accountant, Business Advisor, Bookkeeping.

Situated in Strathpine on Brisbane North, we partner with our clients to assist them in their accounting, business management and bookkeeping needs. Our clients vary in industries from professional services (such as law, vet and dentist) to the trades (mechanic, bricklaying, plasterer etc), hospitality and retail. Are clients are located in the Pine Rivers area (including Brendale, Lawnton, Albany Creek and Eatons Hill) through to Kallangur, Petrie, North Lakes and Caboolture, as well as Brisbane South, the Gold Coast and various other parts of Queensland.