ASIC compliance for groups of 5–500+
ASIC Compliance: Obligations, Deadlines and Penalties
Every Australian company carries the same core ASIC obligations: annual review, officer and share changes within 28 days, registered office, statutory registers and director IDs. This is what each one requires, when it is due, and what late lodgement costs.
Your first entity is free. No credit card required.
ASIC compliance is the set of ongoing obligations a company registered under the Corporations Act 2001 owes to the Australian Securities and Investments Commission. In practice it comes down to five things: lodge and pay the annual review each year on the company's review date, pass a solvency resolution within two months of that date, notify ASIC of officer, share and address changes (usually via Form 484) within 28 days, keep statutory registers accurate at the registered office, and make sure every director holds a director identification number. Late notifications attract fixed late fees per lodgement, and persistent failures can lead to penalty notices or deregistration.
Why ASIC compliance slips in a corporate group
Single companies rarely miss a deadline. Groups miss them constantly, and always for the same three reasons.
Every entity has a different review date
Review dates follow each company's registration anniversary, so a group of 30 entities has 30 separate annual cycles to track.
Changes are recorded, then forgotten
A director resigns in a board minute, but nobody starts the 28-day clock, so the Form 484 is late before anyone notices.
The register drifts from ASIC
Spreadsheets and the ASIC company register diverge quietly, and nobody reconciles them until a search turns up something wrong.
What you get when ASIC compliance is run from one record
Deadlines are the symptom. The cause is that the legal record and the filing workflow live in different places.
Every review date in one calendar
Review dates, solvency deadlines and 28-day change windows sit on a single group calendar with owners attached.
Forms drafted from the register
Officer changes, share movements and address updates pre-fill the right Form 484 sections. No retyping into a portal.
Drift detected before ASIC does
Continuous scanning compares your record against what has been lodged, and flags missing consents, IDs and stale details.
Registers that maintain themselves
Members, officers and charges registers update as decisions are recorded, so the statutory record is always current.
The EntityFlo operating model.
Hold the legal record for every entity in one place: officers, members, addresses, dates.
Attach a deadline to every obligation the moment the underlying event happens.
Draft the form from the record, not from a blank PDF.
Lodge with ASIC from inside the same workflow and store the receipt.
Re-scan continuously so drift, gaps and overdue items surface before ASIC finds them.
Built for CFOs, General Counsel & Company Secretaries.
The ASIC obligations every company carries
Timeframes below reflect the Corporations Act 2001 as administered by ASIC. Fees are indexed each 1 July: check current amounts on asic.gov.au before relying on them.
How groups actually manage ASIC compliance
Three common approaches, and where each one breaks down.
Because We’ve Done the Work Ourselves.
EntityFlo was built by people who understand the complexity, risk and manual work behind managing corporate groups.
"We went from spreadsheets and email chains to having every entity, every officer, and every deadline in one place. The compliance AI alone has saved us from three potential ASIC penalties."
"EntityFlo's structure charts finally gave our board the visibility they needed. Every ownership chain mapped, every UBO calculated. The lenders were impressed."
"Managing 40+ trusts and companies across three generations was chaos. EntityFlo made it simple. The compliance alerts alone are worth the price."
One flat monthly rate. Scales with your group.
No per-document fees. No per-filing fees. No paywalled AI tier.
The questions buyers actually ask.
What is ASIC compliance?
It is the ongoing set of obligations a registered company owes ASIC under the Corporations Act 2001: annual review and fee, solvency resolution, notification of officer, share and address changes within 28 days, accurate statutory registers, and director identification numbers.
When is my ASIC annual review due?
On your company review date, which is the anniversary of registration. ASIC issues the annual statement at that date and the fee is payable within two months.
How long do I have to notify ASIC of a change?
Most changes to officers, shares, registered office and principal place of business must be lodged within 28 days of the change, generally on Form 484.
What happens if I lodge late?
ASIC applies a fixed late fee per late document, with a higher fee once you are more than a month late. Repeated or prolonged failures can lead to penalty notices and, ultimately, deregistration.
Do I need a company secretary to stay ASIC compliant?
A proprietary company is not required to appoint a secretary, but someone must do the work. Software can carry the deadlines, drafting and lodgement; a person still approves and signs.
Can software lodge directly with ASIC?
Yes. EntityFlo is built to draft, sign and lodge in one workflow, so the form, the approval and the ASIC receipt live on the same record.
Is this legal advice?
No. This page summarises publicly stated ASIC obligations to help you scope the work. Confirm current fees and requirements on asic.gov.au, and take advice on anything unusual.
Related capabilities
Draft, sign and lodge ASIC forms in one flow.
ExploreReview dates and solvency resolutions, automated.
ExploreOfficer and share changes inside 28 days.
ExploreThe wider compliance picture beyond ASIC.
ExplorePut every ASIC deadline on one record.
First entity free, forever. Set up in under five minutes.