Register your new business name.
**How Much to Register a Business Name in Australia: A Comprehensive Guide**
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 legally recognized name. But how much does it cost to register a business name in Australia? In this article, we will explore the costs associated with registering a business name and provide guidance on how to do it efficiently.
**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 either one year or three years. The fees for registering a business name are as follows:
– **One-year registration**: $99
– **Three-year registration**: $189
These fees include the ASIC Government Fee and your Record of Registration, which will be emailed to you once the registration is processed.
**Why Register a Business Name?**
Registering a business name is essential for several reasons. Firstly, it allows you to operate your business under a name different from your legal name. This is particularly important for businesses that want to differentiate themselves from their competitors. Secondly, registering a business name ensures that no one else can use the same name, preventing potential conflicts and legal issues.
**How to Register a Business Name**
Registering a business name in Australia is a straightforward process. You can do it online through the Australian Government’s Business Registration Service or through ASIC Connect. The steps to register a business name include:
1. **Log in to ASIC Connect**: If you don’t have an ASIC Connect account, you can register online.
2. **Select ‘Business name’**: Choose ‘Business name’ from the drop-down box and select ‘Go’.
3. **Enter your ABN**: You must have an Australian Business Number (ABN) to register a business name.
4. **Enter the proposed business name**: Enter the proposed business name exactly as you want it to appear on the register.
5. **Select the registration period**: Choose whether you want to register for one year or three years.
6. **Enter the business name holder’s details**: Enter the details of the business name holder.
7. **Enter the proposed business name’s addresses**: Enter the addresses of the proposed business name.
8. **Confirm eligibility**: Confirm that the business name holder is eligible to hold the business name.
**Conclusion**
Registering a business name in Australia is a crucial step in establishing your business. The cost of registration is $99 for one year and $189 for three years. By registering your business name, you ensure that your business operates under a unique and legally recognized name, preventing potential conflicts and legal issues. For more information and to register your business name, visit **register.biz.au**.
