Update — Government plans new charging model for Companies Office registers

The Government introduced the Companies (Levies) Amendment Bill to Parliament on 2 June 2022. It has been considered by the Finance and Expenditure Select Committee and passed its second reading on 15 November 2022.

The Bill will introduce a new, consolidated charging model for Companies Office registers.

The aim of the new charging model is to make the best use of the money we collect from users of our registers and provide more information about what the money is being used for. The new model will reflect the realities of running corporate and business registries in today’s world. It will also help achieve value for money in our registry functions.

The Bill will allow us to collect levies from Companies Office users to help fund our registry system of 16 different registers. We will still charge fees for specific activities on registers, like filing an annual return.

The new fees and levies are likely to come into effect in late 2023 or early 2024.

You will be able to have a say about the new fees and levies

The new fees and levies will be determined after a public consultation. The Companies Office will provide more information on this consultation next year, including how you can have your say.

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