Application for voluntary deregistration of a company - Form 6010/407

Applying to Deregister a Company

You can apply to deregister a company if:

• all members of the company agree to deregister; and
• the company is not carrying on business; and
• the company's assets are worth less than $1000; and
• the company has paid all fees and penalties payable under the Corporations Act 2001; and
• the company has no outstanding debt with ASIC; and
• the company has no outstanding liabilities including charges; and
• the company is not a party to any legal proceedings.

The lodgement fee for the Voluntary Deregistration of a Company Form 6010 must be lodged with the document before ASIC will process a deregistration. The fee is non-refundable in most circumstances.

Form 6010 lodgement date and the Company's Deregistration

Once approved, ASIC publishes a notice about the proposed deregistration in the ASIC Gazette. Two months after the Gazette notice is published, ASIC deregisters the company.

Navigation 

From the Main Toolbar, go to Company.
Select the Company from the list.
Select General Details

Instructions

Under the Company Status section, change Status to Pending Deregistration.

The Prepare Forms icon will appear.

Click

Field	Explanation
Applicant Capacity	Director will be selected by default. However, you can choose a different position from the drop-down list.
Applicant	The contact name will display if the applicant is a director/alternate, company or member of the company. Otherwise, begin typing the name of the applicant and CAS 360 will begin searching the Global Contacts screen.
Applicant's Address	Address of the selected contact will display.
Question: Would you like to add a nominee? Toggle  to view the following field.
Nominee	Nominate a contact to receive information from ASIC for the firm on behalf of the client. Begin typing the name of the Nominee and CAS 360 will begin searching the Global Contacts screen.

Click  

You will now be directed to the Document Production Screen

	CAS 360 will automatically email the chosen documents to the Contact appearing under Send to (The status of the document in the Document screen will be saved as Sent to Client) This option will be inactive if there are no contacts in the Send to Field or there are validation errors with the ASIC form.
	Allows users to download the chosen documents into a single PDF file. This will also save the set of documents to the document screen ready for lodgement. (The status of the document in the Document screen will be saved as Prepared) This option will be inactive if there are validation errors in the ASIC form
	Upload a file from outside of CAS 360 to be included as part of the Forms to prepare
	Close the Document Production Screen

Forms Prepared

CAS 360 will automatically select the following document:

• Voluntary Deregistration of a Company Form 6010
• Directors Deregistration Meeting Minute or Resolution
• Members' Letter of Consent
• Notification of cessation Form 407 (Companies where Registrable Body or Foreign is selected as the company type in the General Details)
• ASIC Deregistration Invoice

CAS 360 allows you to prepare documents and then notify ASIC through electronic lodgement via the Documents Screen. For more information on how to do so, click here.

ASIC Invoice

The official invoice for the lodgement fee will be sent once the Form 6010 has been successfully lodged and accepted by ASIC.

ASIC can take up to 10 business days to send the invoice via the EDGE Mailbox, so you should receive this invoice in CAS 360 over the next couple of weeks.

If you have still not received the invoice during this timeframe, you may need to contact ASIC directly in order to obtain this.

Make sure you apply for deregistration at least two weeks before your annual review fee due date

When a company lodges an application to voluntarily deregister, ASIC will publish a notice of the intended deregistration. If the notice is published before the review fee is due, you won't have to pay the annual review fee.

If however the notice isn't published before the review fee is due, ASIC may still require you to pay the fee before you can deregister your company.

See ASIC Website for more information

Lodging the Voluntary Deregistration of a Company 6010

Agents have the ability to set up a direct debit account with ASIC. The direct debit account is used for payments for lodging certain forms with ASIC including the Voluntary Deregistration of a Company 6010.

If you have set up a direct debit account, ensure that the ASIC Direct Debit option is flagged in the settings screen before the form 6010 is lodged.

See Edge/ECR Direct Debit Account for more information.

The Lodgement invoice will be received into CAS 360's Document screen. See ASIC Invoices

Once you have lodged the Deregistration and it has been processed

From the Main Toolbar, go to Company.
Select the Company from the list.
Select General Details

Under the Company Status section, change Status to Deregistered.

CAS 360 Company Limit

After lodging the Voluntary Deregistration of a Company - Form 6010, you will need to deactivate the company to remove it from your subscription count.

For information on how to do this, please refer to the following article:

Deleting Companies in CAS 360

Withdrawal of Deregistration

If a company wishes to withdraw their application for deregistration, they may write to ASIC's Deregistration Team requesting cancellation of the deregistration application. The letter must be signed by the person who signed the Form 6010 and should contain

1. reasons why the application is being withdrawn; and
2. the statement that "All members agree not to deregister the company".

A creditor or aggrieved person may apply for deferral of deregistration by writing to the Deregistration Team with proof (copy of court order) that action is being taken to recover an outstanding debt. The deregistration will be deferred for a period specified, up to 6 months upon receipt of this proof.