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.