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Deregistration of Proprietary Companies

Australian company deregistration is the simplest and most economical method to dispose of companies that are no longer required and would otherwise necessitate the continual preparation of annual returns and continue to incur annual fees.

Shelco can prepare the applicable minutes to formally record a company deregistration, prepare and lodge the appropriate ASIC forms, monitor the publication in the ASIC Gazette and forward a copy of the deregistration.

Please note that if ASIC rejects an application for company deregistration they will not refund your application fee.

Company deregistration can occur when:
  • All members of the company agree to deregister;
  • The company is not carrying on a business;
  • The company's assets are worth less than $1,000;
  • The company has paid all fees and penalties payable under the Corporations' Act 2001;
  • The company has no outstanding liabilities; and
  • The company is not a party to any legal proceedings.
The following criteria are required to be met before ASIC will allow company deregistration:
  1. An application for voluntary deregistration along with the application fee must be lodged.
  2. All outstanding documents have been lodged with ASIC.
  3. All outstanding fees have been paid to ASIC and all outstanding charges against the company have been satisfied.

Click on the WORD icon below to download a Company Deregistration order form.

Company_Deregistration.doc