Register your new business name.
**Is This Business Name Available? A Comprehensive Guide to Registering Your Business Name 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 distinguishes itself from competitors. But how do you know if the business name you want is available? In this article, we will explore the steps to check if your desired business name is available and provide a comprehensive guide to registering your business name in Australia.
### Checking Business Name Availability
Before you start your business, it is essential to check if your desired business name is available. You can do this by using the Australian Securities and Investments Commission (ASIC) business names register. This register allows you to search for business names and check if they are already in use. You can access the ASIC business names register through the ASIC website or through a private service provider (PSP) like Biz Australia.
### Registering a Business Name
Once you have confirmed that your desired business name is available, you can proceed to register it. You can apply for a business name and other key business registrations through the Business Registration Service. Before you register, make sure you have identified your business structure, have an Australian Business Number (ABN), and have checked your business name is available.
### Fees and Payment Options
The fees to register your business name with ASIC are $42 for 1 year and $98 for 3 years. You can pay these fees using a credit card, BPAY, or by requesting an invoice. If you are using a private service provider, they may charge additional fees for their services.
### Business Name Renewal
Business names can be registered or renewed for 1 or 3 years at a time. You will receive a renewal notice by email at least 30 days prior to the expiry of your name. You can renew your business name through ASIC Connect or ASIC’s ‘Pay now’ service. If you don’t renew your business name on time, it may be cancelled.
### Conclusion
In conclusion, registering a business name in Australia is a crucial step in starting a new business. It ensures that your business operates legally and distinguishes itself from competitors. To check if your desired business name is available, use the ASIC business names register. To register your business name, apply through the Business Registration Service. Remember to pay the fees and renew your business name on time to avoid cancellation.
**Best Practice: Register Your Business Name in Australia**
For a hassle-free and efficient business name registration experience, we recommend using “register.biz.au”. Their services include business name registration, renewal, 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 to register your business name today.
