Is Your Company ‘Due Diligence Ready’ for 2026?
Most Australian directors only think about ASIC when an invoice arrives. But in 2026, your corporate registry is more than just a bill—it’s your business’s "Source of Truth" for banks, lenders, and potential buyers.
If you were to apply for a business loan today, or if a competitor made an offer to buy your company, the first thing they would do is pull an ASIC Current Extract.
If that extract shows outdated addresses, incorrect share structures, or resigned directors who are still listed as active, it sends a clear message: Your internal governance is lacking.
The 2026 Reality: ASIC late fees have reached $411 for payments or lodgements over a month late. But the financial penalty is often smaller than the reputational one. A messy registry can stall a property settlement, delay a loan approval, or complicate a Director ID verification.
The Health Check List:
Is your registered office address current? (Remember: 28 days to notify ASIC!)
Does your share registry reflect your actual ownership?
Are all Director IDs linked and verified?
