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The Business Names Registration Act 2011 is Australian federal legislation that sets out the registration, renewal and cancellation of business names in Australia. All business structures that trade or deal under a name other than their legal entity name in Australia must apply for a business name.
ASIC maintains Australia's company and business name registers, which can be searched online. The types of organisations that can be searched online include companies, registered bodies, foreign companies, associations, managed investment schemes and non-registered entities. [4]
The Australian Business Number (ABN) is a unique 11-digit identifier issued by the Australian Business Register (ABR) which is operated by the Australian Taxation Office (ATO). The ABN was introduced on 1 July 2000 by John Howard 's Liberal government as part of a major tax reform, which included the introduction of a GST .
The Australian Company Number (ACN) was adopted in Australia on 1 July 2000, as one of the complementary measures when the Goods and Services Tax (GST) was introduced. All companies registered at the time were issued with an ACN by ASIC. On registration of a company under Australia's Corporations Act 2001, it is issued with an ACN.
Business Names Registration Act 2011 2011 (No. 126) Yes (as amended) Business Names Registration (Application of Consequential Amendments) Act 2011 2011 (No. 172) Yes (as made) Business Names Registration (Fees) Act 2011 2011 (No. 128) Yes (as made) Business Names Registration (Transitional and Consequential Provisions) Act 2011
A tax file number (TFN) is a unique identifier issued by the Australian Taxation Office (ATO) to each taxpaying entity—an individual, company, superannuation fund, partnership, or trust. [1] Not all individuals have a TFN, and a business has both a TFN and an Australian Business Number (ABN).
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