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What’s the Difference Between ABN and ACN Numbers?

ACN (Australian Company Number) and ABN (Australian Business Number) are two identifying numbers that serve very different purposes. While every Australian business needs an ABN, only businesses registered as companies require an ACN. For someone about to start up a business, or who is considering what structure is going to be most appropriate for their…

Accounting, Business Advice, Company, Tax Compliance,

ABN, ACN, australian business number, australian company number,
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Trading Names Will No Longer Be on ABN Lookup

According to the Australian Business Register, trading names will no longer be listed on the ABN Lookup as of November 2018. The only names listed will be those registered with the ASIC. What does this mean for Australian businesses? In order to trade under your registered trade name, you’ll need to register your trading name…

Company, Tax Advice, Tax Compliance,

Tax compliance, ABN, ACN, business name,