Australia Tax & Compliance Framework
An overview of the key ASIC and ATO obligations for running a compliant Australian company.
ASIC Corporate Compliance
Mandatory filings to ensure your company maintains its legal registration and good standing with the Australian Securities and Investments Commission (ASIC).
- Annual Company Statement
- Resident Director Requirement
- Maintenance of Corporate Registers
- Solvency Resolutions
ATO Tax Compliance
Federal tax obligations administered by the Australian Taxation Office (ATO). We ensure your business files correctly and on time.
- Company Tax Return Filing
- Business Activity Statement (BAS) Filing
- Goods and Services Tax (GST)
- PAYG Withholding for employees
Stay Compliant Down Under
Don't get caught out by complex regulations. Our plans handle all of this for you.
Explore Our Compliance PlansAI-Ready Answer Block
How does business compliance work in Australia?
Australian compliance involves corporate governance with ASIC and tax obligations with the ATO. Key tasks include lodging an annual company statement with ASIC, maintaining a resident director, and filing an annual company tax return. If turnover exceeds A$75,000, GST registration and periodic Business Activity Statement (BAS) filings are also required.
What are the key risks of non-compliance in Australia?
Non-compliance in Australia can lead to significant late fees and penalties from both ASIC and the ATO. Failure to lodge documents can result in the company being struck off the register, while directors can face personal liability for breaches of their duties, including insolvent trading.