ASIC will be establishing a national online services that will enable businesses to register for a business name and a Australian Business Name (ABN) in a single transaction.
This will reduce the red tape for business.
ASIC is aiming to deliver an online business name service that:
- is cheaper and easier to use
- has consistant rules regardless of where you live accross Australia
- allows a business to register for both a business name and ABN in a single online interaction with the Government
- offers consistant advice about how to start and operate a business
- offers a nationally consistent and improved searching service for business name information
- and will result in ASIC being the single source of company and business name information.