Registration for Insurance Duty - New South Wales

Service summary

You will be required to register for insurance duty if you intend to operate as a general or life insurer in New South Wales. An insurer is a person or entity who writes insurance, other than as an insurance intermediary, and is authorised to do so under Commonwealth legislation.

Please be aware that duty is payable for each insurance policy you provide. This duty is calculated according to the nature or type of insurance involved, with the amount being a percentage of the premium paid.

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 registration you must:

  • be authorised as a life insurer or general insurer under the Commonwealth Act;
  • pay the prescribed fee; and
  • provide the required information.

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

Fees

 TypeDescription
ApplyApplication

No fees are required.

Other resources

 Resources
Comply Insurance Duty: Fact Sheet Opens in a new browser window

Administering agency

Office of State Revenue

Act(s) name

Duties Act 1997 (New South Wales)

Contact details

Enquiries, Insurance Registrations


Operating address:
The Lang Centre
132 Marsden Street, 2150
Parramatta
New South Wales 2150
Mailing address:
GPO BOX 4042
Sydney, New South Wales 2001

Phone:

1300 139 817

Phone:

02 9689 6200

Fax:

02 9689 8200
returns@osr.nsw.gov.au

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.