from $495 (INCL GST)
Reinstatement will restore a company to registered as if it was never deregistered.
We can help to apply for reinstatement of a deregistered company.
If ASIC approves reinstatement, the entity will be revived as if it had never been deregistered, and all the directors and shareholders resume their rights and responsibilities as they were at the time of deregistration.
We provide the following company reinstatement services:
- Check if the company name is still available. If the name is still available, we can help to reserve it to ensure it's still available when the company is reinstated.
- Help you to determine the reinstatement cost.
- Request a detailed estimate of fees to be paid with ASIC online.
- Complete the relevant ASIC Form with full payment of fee and send to ASIC to process. The applicant will need to provide evidence of the following:
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- The company was still carrying on business when it was deregistered
- There were legal proceedings in existence at the time of deregistration, or the company has outstanding liabilities.
- There was more than $1,000 of assets in the company at the time of deregistration.
- There was a procedural error that caused the deregistration.
- Not every shareholder agreed to voluntarily deregister the company.
- Before ASIC will re-instate the company, all outstanding fees must be paid. This includes any fees owed at the time of deregistration, and any annual review fees for the period that the company was deregistered.
When the full payment and an application has been lodged with ASIC, it may take up to 28 days for a decision to be made. We will also provide any relevant documents for this process such as minutes of meeting.
How long does the Company Reinstatement take?
Generally, between 6 to 8 weeks. This depends on the matter complexity. Patricia Holdings staff will contact you upon receipt of the order and advise an expected timeframe.
How much does the Company Reinstatement cost?
- Patricia Holdings service fee: $450+GST, plus
- ASIC fee: to be determined by ASIC when we request it with ASIC online.
- If you wish to reserve the business name for 2 months (while waiting for ASIC): $143.00 (optional but recommended).
