Key Australian questions
- Will the business operate as a sole trader, partnership, company, or trust?
- Does it need an Australian Business Number?
- Will it trade under a name different from the legal name?
- Which tax registrations apply, including GST, PAYG withholding, or other accounts?
- Which state, territory, local, professional, or industry licences apply?
- Does a non-citizen owner need an appropriate visa or approval to run the business in Australia?
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Do not confuse identifiers
An ABN identifies a business in Australian government and commercial dealings. A registered business name is used when trading under a name other than the legal name. A company is a separate legal structure registered through the corporate system. These are connected but not interchangeable steps.