Business Setup & Registration

If you are about to start a new company or register for a new ABN in Oran Park, you need a reliable legal advice to do correct documentation at this stage. Getting your start-up name, helping you with legal formalities involved and maintaining the data of your company, doing various registrations are some of the services that we offer for your business. For registering your company in Australia, we will take care of correct and accurate filing all documents, preparing details of directors, having required forms on records and payment of registration fee.

We at Oran Park Tax Solutions make sure that you don’t have to worry about any aspect regarding registration and legal documentation, once you assign us the responsibility of the same.

The Australian Securities and Investments Commission (ASIC) administers the national service for business names. Once you register your business name through ASIC it can be used anywhere in Australia.

The two most common tasks when starting a business are:

  • Register a national business name
    Register an Australian Business Number (ABN).

This service lets you register both at the same time.

To register a business name you’ll need:

  1. The business name you wish to register.
  2. The type of business entity you will operate under – sole trader, partnership, company.
  3. Your Australian business number (ABN) or ABN application reference number.
Bookkeeping

  1. Deciding on your business structure.
  2. Applying for your Australian Business range (ABN).
  3. Checking your chosen business name is obtainable.
  4. Registering your business name.
  5. Registering your web site name.

 

Decisions for your business structure

When starting a business, it is vital to settle on the business structure that most accurately fits your desires.
Your business structure, conjointly referred to as the mortal or entity sort, refers to the manner you’ll operate your business.
Types of business structures include:
Sole trader: a personal commerce on their own.
Partnership: Associate in Nursing association of individuals or entities running a business along, however not as a corporation.
Trust: Associate in Nursing entity that holds property or financial gain for the advantage of others.
Company: a legal entity become independent from its shareholders.
It’s important to recollect that you simply will amendment your business structure as your business grows.

 

How to apply for ABN:

Applying for ABN is free, and it should take around 15 to 20 minutes; Following details should be provided for applying ABN;
Personal, business, associate details and business activity information as well as reasons behind applying ABN.
And a declaration that provided information is based on truth and facts.

 

How to check your business name is available or not:

For operating a business, you need a name.
Australian Securities & Investments Commission (ASIC) has an online name availability check system, with the help of that system you can easily check name availability for your business and its registration system.
Following steps are being completed to check if a business name is available for registration or you need to change the de
Go to ASIC Connect website for finding out business name, check availability of the business name and enter details and then search options click. After that submit your search and finally you will be able to get business name easily.

 

Registering your business name:

After finding your available business name, you need to register the name with the Business Registration Service to access it.

  1. You need to go to the Business Registration Service. Then you will sign up for creating an account. After signing up the account, you can start the application process . After that application completion, while it will take around 15-20 minutes to finish it and we will receive confirmation and for registration of business name.

Applying for a business name costs $36 AUD for one year or $85 for three years.