Register your new business name.
**ASIC Look Up: A Comprehensive Guide to Searching and Registering Business Names in Australia**
When starting a new business in Australia, one of the crucial steps is registering your business name. This process ensures that your business operates legally and can be easily identified by customers and regulatory bodies. In this article, we will explore the various ways to search and register business names in Australia using ASIC’s online services.
### Searching for Business Names
To search for business names, you can use ASIC’s online service, ASIC Connect Search. This service allows you to search for business names, companies, SMSF auditors, AFS licensees, credit licensees, liquidators, and auditors. You can search by the company’s name or the company’s Australian Company Number (ACN).
### Registering a Business Name
To register a business name, you will need to lodge an application with ASIC. You can do this through ASIC Connect Lodgement, which is the online service for registering and updating business names, financial advisers, and authorised representatives. The registration process typically involves providing personal and business information, such as name, place of business, phone number, and email address, as well as an active Australian Business Number (ABN).
### Fees and Costs
The cost of registering a business name in Australia varies depending on the duration of registration. You can register a business name for one year at $99 or three years at $189. Additionally, you will need to pay the ASIC Government Fee, which is included in the registration cost.
### Importance of Registering a Business Name
Registering a business name is essential for several reasons. Firstly, it allows your business to operate under a name different from your legal name, which can be beneficial for branding and marketing purposes. Secondly, it ensures that your business is easily identifiable and can be searched by regulatory bodies and customers. Finally, registering a business name helps to prevent confusion and potential legal issues that may arise from using a name that is too similar to an existing business name.
### Conclusion
In conclusion, searching and registering a business name in Australia is a crucial step in starting a new business. ASIC’s online services provide a convenient and efficient way to search and register business names. By following the guidelines outlined in this article, you can ensure that your business operates legally and can be easily identified by customers and regulatory bodies.
**Best Practice: Register Your Business Name in Australia**
For a hassle-free and secure registration process, it is recommended to use “register.biz.au”. This service provides a comprehensive guide to registering business names in Australia and ensures that your business operates legally and efficiently. Click the link below to get started:
By following these guidelines and using the recommended service, you can ensure that your business is well-established and ready to succeed in the Australian market.
