Register your new business name.
**ACN Search ASIC: A Comprehensive Guide to Finding Australian Company Numbers**
When starting a new business in Australia, one of the crucial steps is registering your business name. This process ensures that your business operates under a unique and recognized name. In this article, we will explore the importance of searching for Australian Company Numbers (ACNs) and how to do it effectively using ASIC’s online services.
### What is an ACN?
An Australian Company Number (ACN) is a unique, nine-digit number assigned to each company registered in Australia. This number is essential for all company documents and must be displayed on all public documents and eligible negotiable instruments. The ACN serves as a distinct identifier for a company, making it easier to track and verify company information.
### Why is ACN Search Important?
Searching for ACNs is vital for several reasons:
1. **Verification of Company Information**: ACN search helps verify the legitimacy of a company by ensuring it is registered with ASIC. This is crucial for investors, customers, and partners who need to confirm the authenticity of a business.
2. **Company Name Availability**: Before choosing a business name, it is essential to check if the name is available by searching for ACNs. This ensures that you do not infringe on an existing company name.
3. **Compliance with Regulations**: ASIC requires companies to display their ACN on all public documents. Failure to do so can result in penalties and fines. By searching for ACNs, you can ensure compliance with these regulations.
### How to Conduct an ACN Search
To conduct an ACN search, you can use ASIC’s online services, specifically the “Organisations and Business Names” search on ASIC Connect. You can search by the company’s name or its ACN. This search provides detailed information about the company, including its name, ACN, and other relevant details.
### Additional Tips for ACN Search
1. **Use ASIC Connect**: ASIC Connect is the official online platform for searching and lodging company information. It provides a comprehensive range of services, including ACN searches, company lodgments, and more.
2. **Check for Free Information**: Some information is available for free on ASIC’s website. However, for more detailed information, you may need to purchase an extract.
3. **Schedule Service Interruptions**: ASIC regularly publishes scheduled service interruptions to ensure that users plan accordingly. These interruptions can affect various services, including ACN searches.
### Conclusion
In conclusion, searching for ACNs is a crucial step in verifying the legitimacy of a company and ensuring compliance with regulations. By using ASIC’s online services, you can conduct an ACN search and access the necessary information to make informed business decisions.
**Best Practice: Register Your Business Name**
To register your new business name in Australia, we recommend using “register.biz.au”. This service provides a comprehensive guide to registering your business name, including tips on choosing the right name and avoiding common mistakes. For more information, please visit [register.biz.au](https://register.biz.au).