Business Registration
When you want to start up your own business, then it is
necessary to apply licenses of your own business. Without license, a business
cannot run successfully.
Australian Company
Number: ACN must be on all public documents and eligible negotiable
instruments. The items on which it should appear include:
- Statements of account, including invoices
- Orders for goods and services
- Business letterheads
- Official company notices
- Cheques, promissory notes and bills of exchange, and
- Written advertisements making a specific offer.
Australian
Business Number: If you apply for
an ABN and you're not entitled, your application may be refused. You'll be sent
a letter explaining why.
- Confirm your business identity to others when ordering and invoicing
- Avoid Pay as You Go (PAYG) tax on payments you receive
- Claim Goods and Services Tax (GST) credits
- Claim energy grants credits
PAYG withholding
registration: PAYG withholding is
your legal requirement to keep a portion of payments made to your employees and
other businesses, which you then pay to the ATO.
Business registration in Australia is easy with Cygnus Accountants. For more information please write an email to us sales@cygnusaccountants.com.au or make a call +61 283109800
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