1. What is the Authorised Capital Increase Fee?

The Authorised Capital Increase Fee is a mandatory fee charged by ASIC (Australian Securities and Investments Commission) when a company increases its authorised capital. This fee is based on a tiered structure according to the amount of capital being authorised.

2. How Does the Calculator Work?

The calculator uses ASIC's tiered fee structure:

3. Importance of ASIC Fee Calculation

Details: Accurate fee calculation is essential for proper budgeting and compliance when increasing a company's authorised capital in Australia. Underpayment may result in penalties, while overpayment is unnecessary.

4. Using the Calculator

Tips: Enter the total authorised capital amount in Australian dollars. The calculator will determine the appropriate ASIC fee based on the current tiered fee structure.

5. Frequently Asked Questions (FAQ)

Q1: When is this fee payable?
A: This fee is payable to ASIC when a company lodges documents to increase its authorised capital.

Q2: Are there additional fees?
A: There may be additional professional fees for legal and accounting services related to the capital increase process.

Q3: How often do ASIC fees change?
A: ASIC fees are typically reviewed annually and may change each financial year.

Q4: Can I pay online?
A: Yes, ASIC fees can be paid through ASIC's online services portal.

Q5: What if I need to increase capital multiple times?
A: The fee is payable each time you increase authorised capital, based on the amount of each individual increase.