Your business name is the name that your business operates as. It is sometimes known as your trading name.
If your business name isn’t the same as your name, you’ll need to register for a business name. This will link your business name and ABN.
For example, John Smith won’t need to register a business name if he runs a business under the name John Smith. However, if he runs his business under any other name (e.g. John’s cars), he will need to register John’s Cars as his business name.
The Australian Securities & Investments Commission (ASIC) maintains a list of registered business names for you to check that your business name is available before you register.
It’s important to note that registering a business name with ASIC doesn’t protect your business name from being used by someone else. To protect your business name and brand, you will also need to register it as a trade mark with IP Australia.
Goods and services tax (GST)
You must register for GST if your business’s GST turnover (gross income minus GST) is $75,000 or more.
Did you know?
If you're going to operate your business as a company, you can choose to register for a company name when you register your company. If you don’t register for a company name, your company name will be its Australian Company Number (ACN).
Register your business name with ASIC and apply for an ABN. This can be a little tricky and time consuming through the Government website however you can apply easily for a few extra dollars.
A business name allows you to trade under that name in Australia. You may also like to check your name is available as a .com.au domain as well as a business name to make it consistent for your customers.
An ABN is required for you to operate your business. The Australian Business Number (ABN) is a unique identifier issued by the Australian Business Register (ABR) which is operated by the Australian Taxation Office.
What's the difference between a company registration and a business name? A company is a separate legal entity to yourself personally. A company will have it's own ABN and lodge a separate tax return. A business name is the name an individual or a company trades under. A company may have several different business names operating from the same company.
BUSINESS REGISTRATION GOVERNMENT OVERVIEW:- https://www.business.gov.au/New-to-business-essentials/Series-One/Register-your-business-the-right-way
BUSINESS NAME REGISTRATION:- https://www.bizify.com.au/businessname
ABN REGISTRATION:- https://www.bizify.com.au/abn
GST INFORMATION:- https://www.business.gov.au/New-to-business-essentials/Series-One/Register-your-business-the-right-way#goods-and-services-tax
COMPANY REGISTRATION:- https://www.bizify.com.au or https://easycompanies.com.au
MORE INFORMATION ABOUT COMPANIES:- http://asic.gov.au/for-business/your-business/small-business/starting-a-small-business/small-business-what-is-a-company
CHOOSING THE RIGHT BUSINESS STRUCTURE:- http://asic.gov.au/for-business/your-business/small-business/starting-a-small-business/