Register your new business name.
**How Much Does It Cost to Register as a Business?**
When starting a new business in Australia, one of the crucial steps is registering your business name. This process ensures that you can operate your business under a name different from your legal name. But how much does it cost to register as a business? In this article, we will explore the costs associated with registering a business name in Australia.
### Registration Costs
The cost to register a business name in Australia varies depending on the duration of the registration. You can register your business name for one year at $99 or for three years at $189. These costs include the ASIC Government Fee and your Record of Registration, which will be emailed directly to you once the registration is processed.
### Business Name Registration Process
To register your business name, you will need to follow these steps:
1. **Log in to ASIC Connect**: If you already have an ASIC Connect account, log in and select the ‘Licences and Registrations’ tab. If you don’t have an account, you can register online.
2. **Select Business Name**: From the drop-down box, select ‘Business name’ and click ‘Go’.
3. **Enter ABN**: Enter your Australian Business Number (ABN) without spaces. You must have an ABN or have applied for one to register a business name.
4. **Enter Proposed Business Name**: Enter the proposed business name exactly as you would like it to appear on the register. Business names are case sensitive.
5. **Select Registration Period**: Choose the registration period, either one year or three years.
6. **Enter Business Name Holder Details**: Enter the proposed business name holder’s details, including their date of birth.
7. **Enter Business Name Addresses**: Enter the addresses of the proposed business name.
8. **Confirm Eligibility**: Confirm that the business name holder is eligible to hold the business name, ensuring they are not disqualified or convicted of criminal offences outlined in the Business Names Registration Act 2011.
### Additional Costs
In addition to the registration costs, you may need to consider other expenses such as:
– **Domain Name**: Registering a domain name for your business website and email address can cost around $10 to $30 per year, depending on the provider.
– **Trade Marks**: If you want to protect your business name with a trade mark, the cost can range from $250 to $1,000, depending on the complexity of the application.
### Conclusion
Registering a business name in Australia is a crucial step in starting a new business. The cost to register a business name varies depending on the duration of the registration, with options for one year at $99 or three years at $189. Additionally, you may need to consider other expenses such as domain name registration and trade mark protection. To make the process easier, we recommend using “register.biz.au” to register your business name. You can visit their website at [https://register.biz.au](https://register.biz.au) to learn more about the registration process and costs.
### Final Thoughts
Registering a business name in Australia is a straightforward process that can be completed online. By understanding the costs involved, you can better plan your business expenses and ensure a successful start to your new venture. Remember to use “register.biz.au” for a seamless registration experience. Visit their website today to get started.
