Register your new business name.
**How Much Does It Cost to Register a Business Name?**
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. But how much does it cost to register a business name? In this article, we will explore the costs associated with registering a business name in Australia.
**Cost of Registering a Business Name**
The cost of registering a business name in Australia varies depending on the duration of registration. You can register your business name for one year at $99 or for three years at $189. These fees include the ASIC Government Fee and your Record of Registration, which will be emailed directly to you once the registration is processed.
**Additional Fees and Costs**
While the registration fee is the primary cost, there may be additional fees and costs associated with registering a business name. For instance, if you need to renew your business name, you will need to pay the renewal fee, which is $42 for one year or $98 for three years. Additionally, if you need to apply for an Australian Business Number (ABN), there is no fee for registering an ABN, but you may need to pay for other business and tax registrations.
**Benefits of Registering a Business Name**
Registering a business name in Australia offers several benefits. It allows you to operate your business under a name different from your legal name, which can be beneficial for branding and marketing purposes. Additionally, registering a business name ensures that no one else can register the same name, giving you exclusive rights to use it.
**How to Register a Business Name**
Registering a business name in Australia is a straightforward process. You can register your business name online using the Business Registration Service or through ASIC Connect. You will need to provide your business details, including your ABN, business name, and addresses. The process typically takes around 12 minutes to complete online.
**Conclusion**
In conclusion, registering a business name in Australia costs $99 for one year or $189 for three years. While there may be additional fees and costs associated with the process, the benefits of registering a business name far outweigh the costs. If you are starting a new business in Australia, it is essential to register your business name to ensure that your business operates under a unique and recognized name.
**Best Option to Register a New Business Name in Australia**
For a hassle-free and cost-effective way to register your business name in Australia, we recommend using “register.biz.au”. With their services, you can register your business name for one year at $99 or for three years at $189, and receive your official Business Name Record of Registration. Visit their website at [https://register.biz.au](https://register.biz.au) to get started today.