Simplify Business Registrations: Get Expert Guidance
Starting a business is exciting, but navigating business registrations can be overwhelming. Finding out what business registrations you require and don’t require when beginning a small business is tremendously frustrating.
All of this is very dependent on each person’s unique set of circumstances, and there is typically no set method to follow.
It might be difficult to know where, when, and how to complete business registrations, and it’s not always obvious if you’ve done it correctly.
Common Business Registrations in Australia
- Australian Business Number (ABN) Registration
Required for all businesses to identify themselves in dealings with the tax office and other government departments.
- Goods and Services Tax (GST) Registration
Necessary for businesses with a turnover of $75,000 or more to register and remit GST.
- Company Registration with ASIC
Involves registering a company name and structure with the Australian Securities and Investments Commission.
- Business Name Registration
Essential for operating under a name different from the owner's or company's legal name.
- Pay As You Go (PAYG) Withholding Registration
Needed if you have employees, to withhold tax from their wages.
- Fringe Benefits Tax (FBT) Registration
Applicable if you provide benefits to your employees in addition to their wages.
- Superannuation (Super) Registration
Required for setting up superannuation contributions for your employees.
For more information about common business registrations in Australia, visit Australian Securities and Investments Commission (ASIC) or Australian Business Register (ABR)
Why Hire Us?
Our team comprises Certified Practising Accountants (CPAs) and seasoned tax agents with extensive experience in assisting businesses with registration and compliance. We are committed to providing accurate, reliable, and efficient services, making us the trusted partner for your business. By entrusting our experts to manage complex paperwork and regulatory requirements, you save time and reduce stress. Our accountants possess in-depth knowledge of legal requirements and can streamline the process for you. You’ll receive personalized advice tailored to your business structure and goals, whether you’re setting up a sole proprietorship, partnership, corporation, or LLC. With continuous support, we ensure your business remains in good standing, allowing you to focus on growth and operations.
Schedule a call to discuss your specific business needs and ensure you have the right registrations in place.