This post provides a factual overview of the average costs involved in both creating and maintaining a standard proprietary company (Pty Ltd) in CC as of 2025. The focus is on the most relevant and verifiable data points, allowing decision-makers to quickly compare local requirements and budget implications.
Company Creation Costs in CC (2025)
Establishing a standard proprietary company in CC involves several key expenses. The main regulatory cost is the company registration fee imposed by the Australian Securities and Investments Commission (ASIC). There is no substantial legal minimum capital requirement, keeping upfront capital barriers relatively modest.
| Cost Item | Amount (AUD) | USD Equivalent* |
|---|---|---|
| ASIC company registration fee | A$538 | $355.70 |
| Minimum capital requirement | A$1 | $0.66 |
| Legal/Lawyer fees (optional, average) | A$0 | $0 |
| Total Average Cost | A$538 | $355.70 |
*USD conversion at 1 AUD = 0.6616 USD (mid-market rate 2025).
There are no mandatory legal or consulting fees required by law for company formation. However, costs may rise if optional legal support is engaged, depending on provider and scope.
Annual Maintenance Costs for Proprietary Companies
Maintaining a proprietary company in good standing in CC involves recurring regulatory and compliance-related costs each year. Most notably, companies must pay the ASIC annual review fee, and accounting or tax preparation services are typically required.
| Recurring Cost Item | Amount (AUD) | USD Equivalent* |
|---|---|---|
| ASIC annual review fee | A$310 | $204.10 |
| Registered office address (optional, service provider) | A$0 | $0 |
| Accounting and tax filing (average, varies) | A$1,190 | $787.30 |
| Annual Maintenance Range | A$310–A$1,500 | $204.10–$992.40 |
*USD conversion at 1 AUD = 0.6616 USD (mid-market rate 2025).
Actual maintenance costs can fluctuate primarily due to variations in accounting service costs, company structure complexity, and optional use of third-party registered office providers. The minimum recurring fee is driven by the ASIC requirement, with further expenses depending on external professional support levels chosen by the company.
Summary Table: Company Creation & Maintenance Costs in CC (2025)
| Cost Category | Amount (AUD) | USD Equivalent |
|---|---|---|
| Average Company Creation (one-off) | A$538 | $355.70 |
| Annual Maintenance (range) | A$310 – A$1,500 | $204.10 – $992.40 |
Pro Tips for Managing Company Costs in CC
- Review service provider contracts closely—many optional legal and address-related costs can be avoided with careful planning and self-management.
- Consider automated cloud accounting to reduce annual bookkeeping fees, but ensure the provider meets all ASIC compliance standards.
- Set annual reminders for the ASIC review fee; missing this deadline can result in penalties or suspension.
- Maintain clear separation of personal and company finances to simplify tax filings and accounting at year-end.
Relevant Official Resources
- ASIC – Registering a Company
- ASIC – Company Fees
- ASIC – Annual Review Fee
- Business.gov.au – Company Structures
For anyone considering setting up a proprietary company in CC, initial and annual government fees remain transparent and predictable, with most added costs driven by external professional services. While the ASIC fees are unavoidable, optimizing optional costs and careful compliance management ensures ongoing expenses remain within budget. Currency fluctuations should be tracked if planning in USD equivalents, but fundamental company expenses are set by ASIC and updated as needed. Keeping accurate records and meeting annual obligations is essential for smooth company operations in 2025 and beyond.