The Australian Business Number (ABN)

Business in Australia : my ABN

You have just created your own business in Australia and you don’t know whether the ABN is necessary for your company or not? Then have a look at this page!

What is an ABN?

The Australian Business Number (ABN) is the ID of your business. More precisely, it is a unique number which allows your business to be identified by the government and other businesses. This number is generally required on your invoices and other documents relating to sales. If you don’t have an ABN, other businesses may withhold 46.5% from any payment to you for tax purposes. Registering for an ABN is not compulsory but you will need one to get the GST.

Thanks to your ABN, you can:

– facilitate your administrative process,

– confirm your identity to others,

– avoid PAYG (pay as you go) tax on payments you receive,

– claim GST credits and energy grant credits,

– buy an Australian domain name.

Don’t hesitate to contact us if you need help to develop your business in Australia.

Who can register for an ABN?

To be entitled to an ABN, your entity must meet Criterion 1 or Criterion 2.

Criterion 1

An entity which is:

  • A company incorporated under the Corporations Act 2001 in Australia
  • A charitable institution or trustee of a charitable fund in Australia
  • A deductible gift recipient in Australia
  • A religious institution in Australia
  • A superannuation fund
  • A government entity

Criterion 2

An entity which activity is:

  • carried out in the form of a business, nature of trade or form of a regular or continuous grant of a lease, license or interest in property
  • carried out in Australia or it makes supplies that are connected with Australia
  • is not a private recreation pursuit or hobby.

Individual

If you are an individual applying for an ABN, check your entitlement to register here.

 

You can’t apply for an ABN if:

Your activity is carried out as an employee or in connection with earning payment as a company director, office holder or under a labour hire arrangement.

For more details, please check this page.

Special conditions apply for non-resident entities. Please check this page for more information about the type of documents that may be required: proof of identity – for individuals and businesses resident outside of Australia.

Special conditions apply for joint ventures. Please check this page for more information about entitled joint ventures

 

To discuss entitlement to an ABN, you can call 13 28 66 between 8.00am and 6.00pm (Australian Time), Monday to Friday.

You can apply online

Business-in-Australia-my-ABN-Australiance-2

To apply online when you have already had an ABN, please check this page.

Credits: the official government’s website.

We are not responsible for any modification of the law.

Our partner, Caliyan Associates may help you with your ABN and other tax issues. Feel free to contact them, specifying you are coming from Australiance!

You may also be interested in: