Do I have to register my business name with ASIC?

Do I have to register my business name with ASIC?

If you want to trade under a specific name, you need to register it as a business name with the Australian Securities and Investments Commission (ASIC).

How do I check if a business name is registered in Australia?

To check your business name details through the Business Names Index:

  1. Step 1 – Go to ASIC Connect search.
  2. Step 2 – Select ‘Business Names Index’ from the drop down box in the top right corner.
  3. Step 3 – Enter the ABN or name of the business you’re looking for.
  4. Step 4 – Select your business name from the list.

Can you reserve a business name ASIC?

Reserving a company name If you aren’t ready to register your company but want to make sure a name is available, you can apply to reserve it. If we approve your application, we will reserve the name for two months. If you wish to extend this period, you’ll need to apply to reserve the name again.

Can I register a business name without an ABN?

To register a business name, you will need to have: an Australian Business Number (ABN), or. be in the process of applying for one with the Australian Business Register (ABR).

Can you register a business name without trading?

Can I register without trading? Yes, you can. This is known as setting up a “dormant company” and can be useful, even if you plan to carry on as a sole trader.

What is the difference between ABN and business name?

A sole trader’s ABN will be issued in the name of the individual. A company’s ABN will be issued in the legal name of the company. You will need to register a business name if you trade under a name that is not your individual name or the legal name of the company.

What is the difference between business name and trading name?

A ‘trading name’ refers to an unregistered name that businesses could use before the introduction of the National Business Names Register on 28 May 2012. A trading name is not a registered business name. If you wish to continue using a trading name, you need to register it as a business name.

Is a business name already registered?

In most states, the website of the state business filing agency includes an online entity name check tool. You can use the online tool to search business names and find out whether another business is already using the name you have chosen.

How do I name my business after myself?

If you decide to name your business after yourself, choose a name that clearly identifies what you do. “Be sure to include a keyword for what your business does,” says Jeffrey P. Enabe, founder of Future Buffalo Website Design in New York.

How do I protect my business name?

4 ways to protect your company name

  1. Register the company. It is not possible to reserve a company name with the intention of incorporating it later, therefore it is best to register your company as early as possible to avoid any disappointment.
  2. Register a domain.
  3. Consider similar names.
  4. Business information tracking.
  • October 22, 2022