Generally, you should be registering a business name with us if you are engaged in any business or trade activity within Australia and your name is not that of the entity undertaking such operation.
If you would like to benefit from the above exemptions, no changes in the name of business holder are allowed. For instance, if your name is Adam Johnson and the name of your business is ‘Adam Johnson & Co’, you will have to register the business name “Adam Johnson & Co”.
If in doubt as to whether you are required to register a business name or if you are carrying on a business or trading within Australia then contact us for further assistance.
Sometimes it is very difficult to tell the difference between business names, trade marks, company names or domain names. Those who hold business names often tend to believe that the act of registering a business name is enough for protecting a brand or trading name – when in true sense, the existing laws for business names do not provide such form of protection.
Trade marks, or intellectual property in a name has not been altered by the new business names laws. Now, take note that just because you register your business name does not mean you own the name of your business. Registering one particular name does not prevent another person from registering a similar name nor provides you the exclusive right to use that name or part of it. Also, getting a business name registered will not stop somebody from registering the same name they have used as a trade mark. This is a vital point, and one that every business owner should remember. A legal obligation of registering a business name is entirely separate from steps that the business owners may take to protect any intellectual property rights in a name or a brand, such as trade mark registration.
The Australian Government Business Registration Service consolidates several business and tax registrations in one location making business start-ups that much easier. You may apply for an Australian Business Number (ABN) and register your business name on-line.
ASIC Connect – you already have an ABN and would like to apply for a business name directly with us by using our platform called ASIC Connect.
Private service provider – You might decide to register or renew the business name with a PSP. It may be your accountant, your lawyer, another business that performs online services with ASIC. They will normally charge a premium on their services over what the ASIC would charge.
The Australian Government’s Business Registration Service can be utilized to register a business name. A single point for many business and tax registrations is another thing BRS does making it even easier to start a business.
Licences and registrations are located under the detailed tab at the top of the page. If you do not already have an ASIC Connect account, you can register online. If it’s your first time logging in, then you should say ‘No’, that you do not currently run an active business. You don’t need an ASIC key while registering.
A business name must be registered along with an Australian Business Number ABN or applied for an ABN. Choose the appropriate one, type in your ABN and click ‘Next’. You should provide your ABN without spaces.
Provide the holder details for proposed business name (for instance, the date of birth of a person entering it as holder). The details that you must submit when registering a business name depend on who is the holder the business.
For registration of business name, the holder must fit into the requisite relevancy that he is not a disqualified or convicted offender according to Business Names Registration Act 2011.
Please make sure that you spell your business name correctly in your application. In addition, please fill in all the required statements and confirm your authorization to file the application.
You can pay by credit card, BPAY or request an invoice. If you do not pay within 10 days, your application will be cancelled and you have to reapply.
If you decide to pay for your business name registration by invoice, the email will send to you via email in 48 hours and you must make payment within 10 days.
Once the registration of the business name is done, you will receive a copy of your record of registration through an email. You can then start doing business using the registered business name.
You are required to update your details if any changes in your details occur. For instance, if you have relocated to a new address.
You must have your business name displayed prominently such as at the store entrance. You must also ensure that your business correspondence like invoices or purchase orders shows the name of your registered business and ABN.
Hong Kong Work VisaIf you have registered your business name, then you will need to renew it annually or every three years through ASIC. 30 days before the renewal date, they’ll send a renewal notice. As soon as you get it, you may renew online via ASIC Connect or apply for our help.
To protect your trade name and the right of use, it’s suggested that you register a trademark. This type of intellectual property protection helps you protect your brand, goods or services from infringement.
Every business should focus on protecting its brand. Protecting it necessitates registering trademarks on your business name and logo. We serve businesses of all sizes on pre-negotiated fees for trademark registrations. We streamline the entire process for you with the assistance of our expert trademark consultants. We are operating nationwide throughout Australia, catering not only to clients from Sydney and Melbourne but also beyond. Feel free to get in touch if you have any questions.
For the past three decades The British Virgin Islands (BVI) have been thought of as a place to form offshore companies. If you want to incorporate your Taiwan company in the BVI this is what you need to consider.
About 80 kilometers off the coast of Puerto Rico today, the British Virgin Islands (BVI) has become a world-renowned jurisdiction for corporate trusts and establishment of offshore companies. Currently there are over 500,000 foreign businesses incorporated in the BVI.
Its eminence as an offshore financial center began with the enactment in 1984 of the International Business Companies Act, providing for the establishment of International Business Companies (IBCs) on its territories.
BVI is a semi-autonomous territory and IBCs are virtually the only business entity for foreign companies (and persons) looking to incorporate an entity in the BVI. As the BVI, being an Overseas Territory of the UK, comes under British jurisdiction in terms of business and common laws–the only recognised and established international business hub outside the US–it is also much freer to decide its incorporation laws and corporate tax.
BVI is a semi-autonomous territory and IBCs are virtually the only business entity for foreign companies (and persons) looking to incorporate an entity in the BVI. As the BVI, being an Overseas Territory of the UK, comes under British jurisdiction in terms of business and common laws–the only recognised and established international business hub outside the US–it is also much freer to decide its incorporation laws and corporate tax.
The BVI operates a system of Territorial Tax. In fact, for a company incorporated in the BVI yet running its business outside the territory, there are no corporate taxes at all. Items not taxed for these companies are income, capital gains; customs duties, sales and profits; inheritances, dividends, interests and royalties.