Registration for Insurance Duty - New South Wales

Description

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
  • provide the required information.

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

Fees

Fees Details for this service in table format.

Task Type Business Structure Description
Apply Application All

No fees are required.

Other resources

Task Business Structure Resources
Comply All Insurance Duty: Fact Sheet (Opens in new window)

Act(s) name

Duties Act 1997 NSW

Administering agency

Department of Finance, Services and Innovation

Revenue NSW

Contact details

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

Enquiries, Insurance Registrations

Revenue NSW

Department of Finance, Services and Innovation

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: 02 9689 6200
Phone: 1300 139 817
Fax: 02 9689 8200
Email: returns@osr.nsw.gov.au
Website: Revenue NSW (Opens in new window)