Register your new business name.
**How Much Does It Cost to Register a Pty Ltd Company in Australia?**
When starting a new business in Australia, one of the crucial steps is registering your company. Specifically, if you plan to operate as a private limited liability company (Pty Ltd), you need to know the costs involved in this process. In this article, we will explore the costs associated with registering a Pty Ltd company in Australia.
### Registration Fees
The cost to register a Pty Ltd company in Australia varies depending on the duration of registration. You can register your company for either one year or three years. The fees for these periods are as follows:
– **1-year registration:** $42
– **3-year registration:** $98
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 Costs
While the registration fees are straightforward, there are additional costs you should consider when setting up your Pty Ltd company:
– **Australian Business Number (ABN):** If you don’t already have an ABN, you will need to apply for one. The cost of an ABN is free, but you will need to provide required documentation and pay any applicable taxes.
– **Domain Name Registration:** If you plan to have a website for your business, you will need to register a domain name. The cost of a domain name varies depending on the registrar and the type of domain you choose.
– **Business Name Registration:** If you want to operate under a name different from your company name, you will need to register a business name. The cost of registering a business name is $99 for one year or $189 for three years.
### Conclusion
Registering a Pty Ltd company in Australia involves several steps and costs. While the registration fees are relatively low, there are additional expenses you should consider. To ensure a smooth and efficient registration process, it is recommended that you use a reputable service provider like “register.biz.au” to guide you through the process.
**Best Practice: Register Your Business Name with Register.biz.au**
For a hassle-free and efficient business name registration process, we recommend using “register.biz.au”. This service provides a comprehensive business name registration solution, including a business name search tool and domain name registration. You can visit their website at [https://register.biz.au](https://register.biz.au) to learn more about their services and register your business name today.
By following these guidelines and using a reliable service provider, you can successfully register your Pty Ltd company in Australia and set your business up for success.
