Contents
An ASIC company extract is a document containing all the relevant details about your company, giving you an up‑to‑date snapshot of its registration and compliance status in 2025.
If you are about to engage with or invest in a company, it’s highly recommended that you do your research so you can make well‐informed decisions. Company extracts remain one of the key documents you will require when studying a company’s background and current standing.
In this article, we’ll take a closer look at company extracts and how they can be utilised in 2025. We’ll discuss:
- What a company extract is
- What an ASIC extract includes
- Scenarios in which it is appropriate to view a company extract
- How to access a company extract along with any applicable fees
- What happens when a company updates its details
What Is An ASIC Company Extract?
An ASIC company extract provides essential and current information on a particular company. In today’s fast‑moving business environment, having access to this verified data in 2025 is crucial for assessing a company’s performance and compliance.
You can obtain either a current extract—which gives you the most recently updated details—or a historical extract. The historical extract offers context on a company’s past structure and performance, enabling you to track its evolution over time.
This document is invaluable for learning more about a company and making decisions that are backed by verifiable facts. In practice, if you are researching a company for investment or business partnerships, you’ll find that multiple types of extracts can be accessed, each shedding light on different aspects of the company’s profile.
These may include, but are not limited to:
- Relationship and registration extracts
- Current managed investment scheme extracts
- Current Australian registered body extracts
The full list of available extract types can be viewed on ASIC’s official page here.
Some of these extract types may not apply to your particular research needs. If you have any queries, don’t hesitate to reach out to us for further assistance.
For the purpose of this article, we’ll continue discussing ASIC company extracts. Read on to learn more about their value and application in today’s regulatory landscape.
In 2025, the accuracy and timeliness of the information contained in a company extract are more important than ever. With businesses continually adapting to technological and market changes, having access to updated records ensures you’re always making decisions based on the latest data. If you’re new to this process, our business set‑up guides provide additional context on the importance of due diligence.
Why Should I View A Company Extract?
As highlighted above, company extracts provide a wealth of detailed information on individual companies. Whether you are investing, contemplating a partnership, or conducting market research in 2025, it’s imperative to complete your due diligence by understanding every facet of the company’s operations.
This comprehensive review helps you avoid potential pitfalls and enables you to identify red flags early on. Armed with this knowledge, you are better positioned to make strategic, well‑informed decisions.
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Example Maria is an investor keen to broaden her portfolio. Richard, who is exiting a company as a shareholder, offers to sell his shares to her. Intrigued, Maria tells Richard she will consider the offer and begins her research on the company. As part of her diligence, Maria reviews both the current and historical company extract to understand the company’s evolution and performance trends. This process enables her to make an informed decision about where to invest her funds. |
How Do I Access An ASIC Company Extract?
You can access a company extract online through the ASIC Connect platform. The updated interface, enhanced for ease‐of‑use in 2025, allows you to look up the company you’re interested in.
Once you have identified the correct company, follow the prompts on the website to access and purchase the relevant extract. For further guidance on legal requirements for business setup, consider checking out our comprehensive guide.
Do I Need To Pay Any Fees?
Yes, accessing a company extract does require a fee. You can purchase an electronic copy online, or opt to have the extract mailed to you at a slightly higher cost. The fee structure has remained competitive in 2025, reflecting standard industry practices.
Changing Company Details
Companies are required to notify ASIC of any changes to their registered details—typically within 28 days of the change—to avoid penalty fees. This requirement ensures that the data in the company extract remains accurate and current.
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Example A coffee brewery decides to move its main office closer to its warehouse. Since the office address is the company’s official registered address, the company must update ASIC within 28 days of the move to prevent any compliance issues. |
Although details can be updated online, managing these changes can be time‑consuming. Many companies now engage specialist agents to handle ASIC notifications, ensuring accuracy and saving valuable time.
At Sprintlaw, we offer a CoSec package where we manage all ASIC communication on your behalf. This service helps ensure that your company details are always current, allowing you to focus on growing your business.
What Does An ASIC Extract Include?
An ASIC extract includes the most fundamental details about a company. While it provides essential registration data, it is important to remember that it does not offer a complete picture of every facet of the business.
It should be used as one of several tools during your research process. For example, combining an ASIC extract with financial reports, legal contracts, and market analysis can provide a more holistic view of a company’s health. Our business structure guide can offer further insights into understanding these details.
ASIC extracts generally include the following details and more:
- Company type
- Names of directors, secretaries and shareholders
- Registered office address
- Administrators
- Registration details
- Administrators and auditors
- Contact details of the company
- ABN and ACN information
We’ve highlighted why these details are often critical when researching a company, as they help reveal its governance and operational history.
The Corporations Act
Compliance with the Corporations Act 2001 remains essential for all companies operating in Australia in 2025. Reviewing the company extract can help determine whether a company is upholding its legal obligations and maintaining proper governance practices.
After all, you don’t want to invest in or engage with a business that may later encounter regulatory issues. Assessing the extract is a vital step in ensuring that the business is compliant with current legislation. For personalised advice, feel free to explore our Guide to Choosing the Right Lawyer.
Company Name Or Business Name
When carrying out research, it’s important to understand the difference between a company name and a business name. A company’s registered name, established as its legal identity, may differ from the public-facing business name by which it is commonly known.
For example, “Goodnight Lamps Pty Ltd” might be the registered company name, while the business is simply known as “Night Lamps”. Ensuring that you have the correct details is critical, particularly when considering an investment or partnership.
Double-checking these details can save you from inadvertently purchasing information on the wrong entity. Our business set‑up resources offer further tips on verifying company identities.
Key Takeaways
An ASIC company extract is a valuable document when you’re considering an association with a particular company. To summarise what we’ve covered in this article:
- A current or historical company extract can provide vital insights and background on a company.
- The extract contains important information relating to registration, documentation, officeholders, and compliance obligations.
- A company extract can be accessed online and purchased for a fee, with options for an electronic copy or mailed version.
- Regular updates and proper notifications are critical to ensure the extract remains an accurate reflection of the company’s details.
Remember, an ASIC extract is just one component of a comprehensive due diligence process. It is always wise to consult additional sources—such as financial statements, legal agreements, and business registration records—to confirm your findings. For more detailed assistance with compliance and other business legals, please visit our services page or get in touch with our team directly.
If you would like a consultation or have any questions about ASIC compliance or your business legals, feel free to contact us at 1800 730 617 or team@sprintlaw.com.au for a free, no-obligations chat.
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