Australian Financial Services Licence (AFSL) - Australian Government

Service summary

You may require an Australian Financial Services Licence (AFSL) as part of your business if you intend to engage in one or more of the following activities:

  • Providing financial product advice;
  • Dealing in financial products;
  • Making a market in financial products;
  • Operating a registered managed investments scheme; or
  • Providing custodial or depository services.

Depending on your circumstances, you may be exempt from the requirement to hold an AFS licence or you may provide financial services under a limited AFS licence.

Please consult the Contact Officer for more information.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

To be eligible for this licence you must:

  • Meet approved qualification and competency standards and/or have practical experience;
  • Have sufficient financial resources to carry on the proposed business; and
  • Be able to meet certain obligations of an AFS licensee such as training, compliance, insurance and dispute resolution.

The best way to apply for an AFSL is online using the eLicensing system. The system individually tailors the application to your business.

Please consult the Contact Officer for more information regarding eligibility requirements.

Duration

Ongoing.

Fees

 TypeAmountDescription
ApplyApplication$895.00

Individual:

Application$1,609.00

Corporate, Partnership or Trustee:

VaryVariation$268.00Online variation:
Variation$316.00In paper variation:

Administering agency

Australian Securities and Investments Commission
Investors and Financial Consumers

Act(s) name

Corporations Act 2001 (Australian Government)

Regulation(s) name

Corporations Regulations 2001 (Australian Government)

Contact details

Enquiries, ASIC ACT Service Centre, Licensing and Business Operations
Australian Securities and Investments Commission
Investors and Financial Consumers


Operating address:
Level 2
2 Allsop Street
Canberra
Australian Capital Territory 2600
Mailing address:
GPO BOX 9827
Canberra, Australian Capital Territory 2600

Phone:

1300300630

Phone:

02 62503800

Fax:

02 62503811

Enquiries, ASIC QLD Service Centre, Licensing and Business Operations
Australian Securities and Investments Commission
Investors and Financial Consumers


Operating address:
Level 20, Commonwealth Bank Building
240 Queen Street
Brisbane City
Queensland 4000
Mailing address:
GPO BOX 9827
Brisbane, Queensland 4001

Phone:

1300300630

Phone:

07 38674700

Fax:

07 38674725

Enquiries, ASIC SA Service Centre, Licensing and Business Operations
Australian Securities and Investments Commission
Investors and Financial Consumers


Operating address:
Level 7
100 Pirie Street
Adelaide
South Australia 5000
Mailing address:
GPO BOX 9827
Adelaide, South Australia 5001

Phone:

08 82028400

Enquiries, ASIC NSW Service Centre, Licensing and Business Operations
Australian Securities and Investments Commission
Investors and Financial Consumers


Operating address:
Level 5
100 Market Street
Sydney
New South Wales 2000
Mailing address:
GPO BOX 9827
Sydney, New South Wales 2001

Phone:

1300300630

Phone:

02 99112000

Fax:

02 99112414

Enquiries, ASIC Vic Service Centre, Licensing and Business Operations
Australian Securities and Investments Commission
Investors and Financial Consumers


Operating address:
Level 24
120 Collins St
Melbourne
Victoria 3000
Mailing address:
GPO BOX 9827
Melbourne, Victoria 3001

Phone:

1300300630

Phone:

03 92803200

Fax:

03 92803444

Enquiries, ASIC Tas Service Centre, Licensing and Business Operations
Australian Securities and Investments Commission
Investors and Financial Consumers


Operating address:
Level 2, Telstra Centre
70 Collins Street
Hobart
Tasmania 7000
Mailing address:
GPO BOX 9827
Hobart, Tasmania 7001

Phone:

1300300630

Phone:

03 62356800

Fax:

03 62356811

Enquiries, ASIC WA Service Centre, Licensing and Business Operations
Australian Securities and Investments Commission
Investors and Financial Consumers


Operating address:
Level 3
66 St Georges Terrace
Perth
Western Australia 6000
Mailing address:
GPO BOX 9827
Perth, Western Australia 6001

Phone:

1300300630

Phone:

08 92614000

Fax:

08 92614227

Enquiries, ASIC NT Service Centre, Licensing and Business Operations
Australian Securities and Investments Commission
Investors and Financial Consumers


Operating address:
Level 7 TIO Centre
24 Mitchell Street
Darwin
Northern Territory 0800
Mailing address:
GPO BOX 9827
Darwin, Northern Territory 0801

Phone:

1300300630

Phone:

08 89430900

Fax:

08 89430910

Supporting information

Disclaimer

The information contained on the Australian Business Licence and Information Service (ABLIS) web site, or via packages or other sources is intended for general guidance only.

To the full extent permitted by law, the Federal, State, Territory and Local Governments make no representations or warranties (expressed or implied) in relation to the information, including its accuracy, currency or completeness.

The business information provided does not constitute professional or legal advice, nor is the use of any third party resource an endorsement of the information contained, the associated organisation, product or service. It is recommended that you obtain appropriate professional and /or independent legal advice to ensure that the material provided here is relevant to your particular circumstances.

To the full extent permitted by law the Federal, State, Territory and Local Governments, their employees and agents do not accept any liability for any reason, including without limitation, liability in negligence, to any person for the general information which is provided herein, or in respect of anything, including the consequences of anything done, or not done, by any such person in whole or partial reliance upon the information.