Need help with company deregistration? We understand that your time is valuable and we’re here to assist you to deregister your company with ASIC.
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What is company deregistration?
If you no longer need a company, you can elect to deregister the company with ASIC and the ATO.
The following conditions are required to be met;
- All members of the company agree to deregister
- The company is not carrying on business
- The company’s assets are worth less than $1000
- The company has no outstanding liabilities
- The company is not party to any legal proceedings
- The company has paid all fees and penalties payable under the Corporations Act 2001.
A final tax return is required to be prepared and lodged with the ATO.
A fee is payable to ASIC of $41 which is included in our service cost of $220 including GST.
Why POP Business?
POP Business is so successful at delivering awesome results for small businesses because of a combination of five things:
- Expert ASIC Company Deregistration services
- Fast and efficient communication
- On-demand support from an expert accountant
- No hidden costs
- Actionable advice that achieves results
Australian businesses that love our services include:
Jinitech Group
Surfboardbroker
Autism Swim
PS40
Ocean Solar
What Our Customers Say
Whatever your tax needs, our team of experienced POP Business Accountants have got you covered.
Perhaps your small business is behind on your annual tax obligations?
Maybe you’d like to know if there’s other smart ways you can minimise your tax?
Or, it could be you’re looking for expert advice on how to growth-hack your business.
Good news. POP Business are the pros at all three.
Tax shouldn’t have to be so… well, taxing. Drop us a line and you’ll never look back.
Frequently asked questions
Deregistering a company means that you do not have to continue your obligations as an officeholder. If it is no longer trading, it is a good idea to deregister your company.
You can apply to lodge a Form 6010 application for voluntary deregistration of a company, together with the applicable application fee, with ASIC. The form can be lodged either via ASIC’s website or mail.
If ASIC approves your deregistration application, they will confirm the decision by writing to you. ASIC will also publish a notice of deregistration on its website. The process can take up to two weeks. Deregistration will take place two months after ASIC publishes its notice.
Yes. When a company is deregistered, an application for registration of another company with the same name as the deregistered company is permitted.
ASIC only wants to ensure that no registered company has the same name as the new company applying for registration.
Related: read more about changing directors here.
We recommend you to check the following before lodging your deregistration application:
- check any bank accounts in the company’s name are closed, regardless of the balance
- review all company records/registers to ensure all company property is dealt with (e.g. vehicles, land, shares, trade marks, intellectual property, leases, permits)
- all transfers of company property are registered and no property is registered in the company’s name
- if the company was a trustee, a new trustee has been appointed and no trust property remains registered in the company’s name
- ensure all registered business names held by the company are cancelled or transferred
- ensure any licenses held by the company are cancelled or ceased
You can get started by simply filling out the enquiry form on this page.
You can also email [email protected]
The turnaround time will usually be within 4 weeks, however faster times are available.
We communicate through email and phone mostly.
You can provide user access to your online accounting software so we can get the required business transactions for the tax lodgement.
Yes. You can find POP Business’s office smack-bang in the heart of Surry Hills, in Sydney. Level 1, 285A Crown St, Surry Hills NSW 2010 (open in Google Maps).
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We’ll get back to you within one business day.
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