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Registering an Australian business

The decisions you make when you first register your business can make a big difference down the track. Take the time to consider your options.

Things to think about

Register the right business name

A business name is a big part of your identity so it’s worth researching what else exists online first. If you use your personal name for your business (e.g. Jane Citizen) you don’t have to register it. But if you want to be called ‘Jane Citizen & Co’ you will need to register it as this is not your personal name.

Register for an ABN

When you register an Australian business you can also apply for your Australian Business Number (ABN). If you’re registering a company, you will need to apply for an Australian Company Number (ACN) first and then apply for an ABN.

Get your business structure right

Business structure (sole trader, partnership, company or trust) affects the way your income is taxed, your operating costs, how you will be able to protect your assets, and how clients and other businesses will deal with you.

Understand GST and other taxes

The taxes you have to pay will depend on your choice of business structure. The key taxes affecting businesses are Company (income) Tax, Capital Gains Tax (CGT) and the Goods and Services Tax (GST).

Register an Australian business