Reading time: 3 minutes

An Australian Securities and Investments Commission (ASIC) company extract is a document containing all of the current and historical information about a company. It includes details of the organisation and its officeholders, shareholding information and other basic information that the company provides to ASIC. Companies must notify ASIC of particular changes within a specific timeframe, to ensure such information is up-to-date. For example, a company must notify ASIC of a change of shareholders or directors within 28 days of the event. However, if a company does not accurately report changes to ASIC, the extract may not be accurate.

What Does an ASIC Extract Contain?

A current company extract includes the following details about the company:

  • Company name;
  • ACN;
  • Current organisation details (including ABN, registration details, review date, status, type, and class);
  • Address details (including registered office address and principal place of business);
  • Officeholders (personal details of each officeholder including name, address, birth date, date of appointment, and their role);
  • Any external administrators;
  • Appointed auditors;
  • Ultimate holding company;
  • Share information (which includes a breakdown of the share structure, the class, the number issued and the amount paid/unpaid);
  • Members (including member name, address, and shares held); and
  • Any other documents and reports as relevant

If you request a current and historical company extract, it will include the above information and historical information. You can see a sample of a such an extract here.

Why Should I Obtain an ASIC Extract?

It is essential to obtain an ASIC company extract when dealing with a company, including when:

  • buying shares in a company or investing in a company; and
  • dealing with a company (e.g. as a creditor, supplier, etc.).

In both of these scenarios, it is essential to understand the basic information about the company that you are dealing with. It is important to know the details of the company and its shares, in addition to its directors and members.

How Can I Obtain an ASIC Extract?

To obtain a company extract, you will need to visit the ASIC Connect website and search for the company you wish to obtain an extract for. Once on the company details page, you will see the company summary and more information. Under the ‘Information for Purchase’ heading, you can select the desired company extract, add it to your cart, and then purchase it. After payment, ASIC will email you a PDF version of the extract.

When purchased online, a current company extract is $9 (at time of publishing this article). A current and historical company extract acquired online is $19. In most cases, a current company extract is sufficient to understand the basic details of the company.

Key Takeaways

An ASIC company extract contains critical historical and current information about a company. Understanding such information is useful when interacting with a company. You can obtain an ASIC company extract via the ASIC Connect website. Once ASIC emails you the extract you can then examine it and confirm any relevant details.


Redundancies and Restructuring: Understanding Your Employer Obligations

Thursday 7 July | 11:00 - 11:45am

If you plan on making a role redundant, it is crucial that you understand your employer obligations. Our free webinar will explain.
Register Now

How to Sponsor Foreign Workers For Your Tech Business

Wednesday 13 July | 11:00 - 11:45am

Need web3 talent for your tech business? Consider sponsoring workers from overseas. Join our free webinar to learn more.
Register Now

Advertising 101: Social Media, Influencers and the Law

Thursday 21 July | 11:00 - 11:45am

Learn how to promote your business on social media without breaking the law. Register for our free webinar today.
Register Now

Structuring for Certainty in Uncertain Times

Tuesday 26 July | 12:00 - 12:45pm

Learn how to structure to weather storm and ensure you can take advantage of the “green shoots” opportunities arising on the other side of a recession.
Register Now

Playing for the Prize: How to Run Trade Promotions

Thursday 28 July | 11:00 - 11:45am

Running a promotion with a prize? Your business has specific trade promotion obligations. Join our free webinar to learn more.
Register Now

Web3 Essentials: Understanding SAFT Agreements

Tuesday 2 August | 11:00 - 11:45am

Learn how SAFT Agreements can help your Web3 business when raising capital. Register today for our free webinar.
Register Now

Understanding Your Annual Franchise Update Obligations

Wednesday 3 August | 11:00 - 11:45am

Franchisors must meet annual reporting obligations each October. Understand your legal requirements by registering for our free webinar today.
Register Now

Legal Essentials for Product Manufacturers

Thursday 11 August | 11:00 - 11:45am

As a product manufacturer, do you know your legal obligations if there is a product recall? Join our free webinar to learn more.
Register Now

About LegalVision: LegalVision is a commercial law firm that provides businesses with affordable and ongoing legal assistance through our industry-first membership.

By becoming a member, you'll have an experienced legal team ready to answer your questions, draft and review your contracts, and resolve your disputes. All the legal assistance your business needs, for a low monthly fee.

Learn more about our membership


Our Awards

  • 2020 Innovation Award 2020 Excellence in Technology & Innovation Finalist – Australasian Law Awards
  • 2020 Employer of Choice Award 2020 Employer of Choice Winner – Australasian Lawyer
  • 2020 Financial Times Award 2021 Fastest Growing Law Firm - Financial Times APAC 500
  • 2020 AFR Fast 100 List - Australian Financial Review
  • 2021 Law Firm of the Year Award 2021 Law Firm of the Year - Australasian Law Awards
  • 2022 Law Firm of the Year Winner 2022 Law Firm of the Year - Australasian Law Awards