Register your new business name.
**Understanding Business Name Certificates Issued by ASIC**
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 distinct name, differentiating it from other businesses. The Australian Securities and Investments Commission (ASIC) plays a vital role in issuing business name certificates, which serve as proof of registration.
### What is a Business Name Certificate?
A business name certificate is a document issued by ASIC after a business name has been successfully registered. This certificate serves as evidence that the business name has been officially registered and is available for use. The certificate includes essential details such as the business name, the name of the business owner, and the date of registration.
### Importance of Displaying the Business Name Certificate
Although ASIC does not require businesses to display their business name certificate, it is highly recommended to do so. The certificate can be displayed at the business premises, and it serves as a tangible proof of registration. This can be particularly useful in situations where disputes arise over business name ownership.
### How to Obtain a Business Name Certificate
To obtain a business name certificate, you can apply through ASIC Connect, which is an online service provided by ASIC. You can also choose to register your business name through a private service provider, such as an accountant or solicitor, who will handle the registration process on your behalf.
### Fees Associated with Business Name Registration
The fees for registering a business name with ASIC are relatively affordable. The cost for a one-year registration is $44, while a three-year registration costs $102. These fees include the ASIC government fee and the cost of the certificate of registration.
### Conclusion
In conclusion, registering a business name in Australia is a straightforward process that involves submitting an application to ASIC. Once the application is approved, ASIC issues a business name certificate, which serves as proof of registration. It is essential to display this certificate at the business premises to avoid any potential disputes over business name ownership.
**Best Practice: Register Your Business Name with Register.biz.au**
For a hassle-free and secure business name registration experience, we recommend using the services of Register.biz.au. This platform offers a comprehensive business name registration service, ensuring that your business name is registered quickly and efficiently. You can visit their website at
By registering your business name with Register.biz.au, you can ensure that your business operates under a unique and distinct name, giving you a competitive edge in the market. Additionally, their services include a free domain name and email address, which can help you establish a professional online presence for your business.