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ASIC Reinstatement – Tips For What To Do

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If you have an ASIC company that has been deregistered, there are a few things you can do to try and get it reinstated.

Here are some tips:

1. Get In Touch With Asic

The first step is to contact ASIC directly and explain your situation. They may be able to help you with the process of getting your company reinstated.

2. Apply For Reinstatement

You will need to apply for reinstatement to ASIC, along with all of the required documentation. This can be a complex process, so it’s important to make sure everything is in order before you submit your application.

3. Pay Any Outstanding Fees Or Penalties

ASIC may require you to pay any outstanding fees or penalties before they will consider your reinstatement application.

4. Meet All The Requirements For Reinstatement

ASIC will have a list of requirements that you must meet for your company to be reinstated. Make sure you are familiar with these requirements and that you can meet them before you submit your application.

5. Be Patient

The process of getting your company reinstated can take some time, so it’s important to be patient. ASIC may require you to provide additional information or documentation, so make sure you are available to do this if required.

If you follow these tips, you should be able to get your company reinstated with ASIC. However, if you are having difficulty with the process, it’s always a good idea to seek professional help. A lawyer or accountant with experience in this area can be a great asset and can help you navigate the process more smoothly.

Appeal An ASIC Reinstatement Decision

If you have been served with an ASIC reinstatement decision, you may be able to appeal the decision.

ASIC may issue a reinstatement decision if it believes that a company has contravened certain provisions of the Corporations Act 2001 (Cth). A company may be reinstated if it can show that it is no longer in breach of the relevant provisions.

There are time limits for appealing an ASIC reinstatement decision. You must lodge your appeal within 28 days of being served with the decision.

You can lodge your appeal by:

1. Filing a notice of appeal with the Administrative Appeals Tribunal (AAT)

If you appeal with the AAT, you must do so within 28 days of being served with ASIC’s reinstatement decision. The AAT will then review ASIC’s decision and may confirm, vary or set aside the decision.

2. Applying to have the matter heard by a court.

If you appeal with a court, you must do so within 21 days of being served with ASIC’s reinstatement decision. The court will then review ASIC’s decision and may confirm, vary or set aside the decision.

You should seek legal advice before appealing some complex rules and procedures apply.

How To Get Your Asic Reinstatement

ASIC reinstatement can be a complex and time-consuming process. However, it is possible to get your ASIC reinstated if you follow the right steps and have the required documentation.

The first step is to contact ASIC directly and explain your situation. They will then provide you with the necessary forms and instructions.

You will need to fill out a form known as an ‘Application for Reinstatement of an Australian company. This form must be lodged with ASIC, along with any supporting documentation.

Once ASIC has received your application, they will assess it and decide on whether or not to reinstate your company. If your application is successful, you will be issued a Certificate of Reinstatement.

If you are not successful in your application for ASIC reinstatement, you may appeal the decision. However, you will need to have new evidence or arguments that were not considered in the original decision.

ASIC reinstatement can be a complex and time-consuming process, but it is possible to get your company reinstated if you follow the right steps and have the required documentation. Contact ASIC directly and explain your situation, then fill out and lodge the necessary forms. If your application is successful, you will be issued a Certificate of Reinstatement. If you are not successful, you may appeal the decision.

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