Australian Financial Services Licence (AFSL) - Australian Government

Description

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
  • conduct crowd-funding campaings
  • 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

Fees Details for this service in table format.

Task Type Business Structure Amount Description
Apply Application All $914.00

Individual.

Apply Application All $1643.00

Corporate, Partnership or Trustee.

Vary Variation All $274.00 Online variation.
Vary Variation All $323.00 In paper variation.

Forms

Act(s) name

Corporations Act 2001 AG

Regulation(s) name

Corporations Regulations 2001 AG

Administering agency

Australian Securities and Investments Commission

Investors and Financial Consumers

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Enquiries, ASIC SA Service Centre, Licensing and Business Operations

Investors and Financial Consumers

Australian Securities and Investments Commission

Operating address: Level 7
100 Pirie Street
Adelaide
South Australia 5000
Mailing address: GPO BOX 9827
Adelaide, South Australia 5001
Phone: 08 8202 8400

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Enquiries, ASIC QLD Service Centre, Licensing and Business Operations

Investors and Financial Consumers

Australian Securities and Investments Commission

Operating address: Level 20, Commonwealth Bank Building
240 Queen Street
Brisbane City
Queensland 4000
Mailing address: GPO BOX 9827
Brisbane, Queensland 4001
Toll Free: 1300 300 630
Phone: 07 3867 4700
Fax: 07 3867 4725

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Enquiries, ASIC Tas Service Centre, Licensing and Business Operations

Investors and Financial Consumers

Australian Securities and Investments Commission

Operating address: Level 2, Telstra Centre
70 Collins Street
Hobart
Tasmania 7000
Mailing address: GPO BOX 9827
Hobart, Tasmania 7001
Toll Free: 1300 300 630
Phone: 03 6235 6800
Fax: 03 6235 6811

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Enquiries, ASIC NSW Service Centre, Licensing and Business Operations

Investors and Financial Consumers

Australian Securities and Investments Commission

Operating address: Level 5
100 Market Street
Sydney
New South Wales 2000
Mailing address: GPO BOX 9827
Sydney, New South Wales 2001
Toll Free: 1300 300 630
Phone: 02 9911 2000
Fax: 02 9911 2414

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Enquiries, ASIC Vic Service Centre, Licensing and Business Operations

Investors and Financial Consumers

Australian Securities and Investments Commission

Operating address: Level 24
120 Collins St
Melbourne
Victoria 3000
Mailing address: GPO BOX 9827
Melbourne, Victoria 3001
Toll Free: 1300 300 630
Phone: 03 9280 3200
Fax: 03 9280 3444

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Enquiries, ASIC WA Service Centre, Licensing and Business Operations

Investors and Financial Consumers

Australian Securities and Investments Commission

Operating address: Level 3
66 St Georges Terrace
Perth
Western Australia 6000
Mailing address: GPO BOX 9827
Perth, Western Australia 6001
Toll Free: 1300 300 630
Phone: 08 9261 4000
Fax: 08 9261 4227

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Enquiries, ASIC ACT Service Centre, Licensing and Business Operations

Investors and Financial Consumers

Australian Securities and Investments Commission

Operating address: Level 2
2 Allsop Street
Canberra
Australian Capital Territory 2600
Mailing address: GPO BOX 9827
Canberra, Australian Capital Territory 2600
Toll Free: 1300 300 630
Phone: 02 6250 3800
Fax: 02 6250 3811

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Enquiries, ASIC NT Service Centre, Licensing and Business Operations

Investors and Financial Consumers

Australian Securities and Investments Commission

Operating address: Level 7 TIO Centre
24 Mitchell Street
Darwin
Northern Territory 0800
Mailing address: GPO BOX 9827
Darwin, Northern Territory 0801
Toll Free: 1300 300 630
Phone: 08 8943 0900
Fax: 08 8943 0910